U.S. farm bankruptcies hit an eight-year high: court data
https://www.reuters.com/article/us-usa-farms-bankruptcy-idUSKBN1ZT2YE?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwAR2K6trtAH2dJzxADepw3y-rC7fwzAXQiep_fQaWYnI1iWIoRdCFR-PxmBk
Some of the biggest bankruptcy rate increases were seen in regions, such as apple growers in the Pacific Northwest, that did not receive much or any of the latest round of trade aid from the Trump administration.
The bankruptcy data “signals that things have not turned around,” said John Newton, chief economist for the American Farm Bureau Federation. “We still have supply and demand uncertainty. If we see prolonged low prices, I wouldn’t expect this trend to slow down.”