Farm Bankruptcies Jumped 20% In 2019

Despite a federal bail-out, more and more U.S. farms are going bankrupt.

According to new data released this week, farm bankruptcies increased by 20% in 2019 and have risen in each of the last five years.

Nearly 600 farms filed for Chapter 12 bankruptcy last year, despite billions in agricultural assistance from the federal government.

Source: https://www.reuters.com/article/us-usa-farms-bankruptcy-idUSKBN1ZT2YE

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