For the first time in a decade, farm bankruptcies dropped in every region of the U.S.. The 2021 numbers also show Chapter 12 filings were down 50%.
American Farm Bureau Economist, Veronica Nigh, spoke with RFD-TV’s Tammi Arender about how this drop compares to years past and what contributed to the trend, what type of variation we’re seeing from a regional basis, and if we should expect the trend to continue this year.
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Chapter 12 Farm Bankruptcies slows