FARM BANKRUPTCIES CLIMB IN NEBRASKA AND IOWA IN WAKE OF CATASTROPHIC WEATHER, TRADE CONFLICTS

WASHINGTON — Farm bankruptcies are on the rise in Nebraska and Iowa in the wake of this year’s catastrophic weather events and rocky trade environment. A new report by the American Farm Bureau Federation shows a 24% increase in Chapter 12 bankruptcies nationwide over the previous year.

“While filings remain well below the historical highs experienced in the 1980s, the trend is a concern,”

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