Search: bankruptcies
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Chapter 12 Farm Bankruptcy and Ag Groups Applaud USMCA Hearing
The Agribusiness Update
In 2025, Chapter 12 bankruptcies increased for the second year in a row, reaching 315 filings, a 46% increase from 2024, and ag groups applauded the Senate Finance Committee hearing to highlight the importance of the U.S.-Mexico-Canada Agreement, emphasizing the need for renewal.
Ag Economic Crisis Concerns and U.S. Dairy and Protein
The Agribusiness Update
Dozens of agricultural groups expressed concern about the dire economic conditions U.S. farmers face, and strong consumer demand for protein bodes well for the U.S. dairy industry.
California Walnut Harvest and Farm Bankruptcies Soaring
The Agribusiness Update
As California’s walnut harvest begins, market conditions remain strong following improvement last year, and Farm bankruptcies as of July have exceeded those for all of 2024.
Georgia Governor in South America and Farm Bankruptcies Soaring
The Agribusiness Update
Georgia Governor Brian Kemp, Ag Commissioner Tyler Harper and others spent the last week of August in Brazil and Argentina meeting with business and ag leaders, and Farm bankruptcies as of July have exceeded those for all of 2024.
Farm Bankruptcies on Rise and New Tariff on Mexican Tomatoes
The Agribusiness Update
After a four-year downward trend, U.S. farm bankruptcies are on the rise again, and the Trump administration plans to put a nearly 21% duty on fresh Mexican tomatoes starting July 14.
California Leads Nation in Rising Farm Bankruptcies
California Ag Today
U.S. farm bankruptcies surged 55% in 2024 after years of decline, with California at the forefront. Lower commodity prices, high input costs, and mounting debt are pushing family farmers to the brink.
Family Farm Bankruptcies Rise and U.S. Egg Production Down
The Agribusiness Update
Family farm bankruptcies increased by 55% last year and are trending even higher this year, and U.S. egg production totaled 8.63 billion in March 2025, a 7% drop from the same month last year.
Honeybee Shortage and Farm Bankruptcies Climb
The Agribusiness Update
California almond orchards have turned snowy white, signaling the start of bloom, but beekeepers say there may not be enough honeybees to pollinate the 2025 crop, and Federal courts report that 216 farm bankruptcies were filed in 2024, up 55% from 2023.
GFB Commodity Advisory Committee and Farm Bankruptcies Climb
The Agribusiness Update
Members of Georgia Farm Bureau’s Commodity Advisory Committees met to discuss issues their respective commodities are facing and review crop and livestock policy, and Federal courts report that 216 farm bankruptcies were filed in 2024, up 55% from 2023.
Farm Bankruptcies Fall in 2022
Farm of the Future
The number of farm bankruptcies fell again in 2022 according to AFBF senior economist, Veronica Nigh.
Senate Ag Chair Lists Priorities and Chapter 12 Farm Bankruptcies Down
The Agribusiness Update
Senate Ag Chair Debbie Stabenow lists her priorities for new session, and Chapter 12 Farm bankruptcies down in 2020.
Georgia Governor Confirms Farm Vaccines and Stabenow Lists Priorities
The Agribusiness Update
Georgia Governor Kay Ivey confirms ag workers will get vaccination priority, and Senate Ag Chair Debbie Stabenow lists priorities for new session.
Farm Bankruptcies
Line on Agriculture
Following years of depressed prices and trade concerns, the number of farm bankruptcies is rising.
Chapter 12 Bankruptcy Up and Pork Exports to S. America
The Agribusiness Update
Chapter 12 Bankruptcy filings in farm belt reach 10-year high, and Pork exports to South America higher.