Midwest family farms make up 46% of 2019 Chapter 12 Bankruptcies

Midwest family farms make up 46% of 2019 Chapter 12 Bankruptcies

Family farm bankruptcies in 2019 were up 20 percent and the

most in the past eight years according to a new analysis from the American Farm

Bureau.

Chapter 12 family farm bankruptcies have increased

consecutively over the past five years, totaling 595 in 2019 with nearly half occurring

in the Midwest.

Wisconsin again had the highest number of filings on top of a record amount in 2018.  Georgia had the second-largest amount. 

Continue reading Midwest family farms make up 46% of 2019 Chapter 12 Bankruptcies at Brownfield Ag News.