Farm bankruptcies jump to highest level since 2011 as Trump’s tariffs bite

Farmers filed 580 Chapter 12 bankruptcy filings between January and September, according to the American Farm Bureau Federation, the largest farm advocacy group in the country. That was a 24% increase from the previous year and the highest level since 2011, when there were 676 filings. 

…Farm bankruptcies rose to or above decade-highs this year in Iowa, Kansas, Maryland, Minnesota, Nebraska, New Hampshire, South Dakota, Wisconsin and West Virginia, according to the federation. 

Farm bankruptcies jump to highest level since 2011 as Trump’s tariffs bite

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