Bankruptcy

A new report from Bloomberg Law shows family farm bankruptcies had already increased by 55% last year compared to 2023, and to start 2025, the number of bankruptcies is already exceeding the same time last year.

“The agricultural economy is inherently cyclical, and ag lenders are navigating the changing conditions across the sectors they serve,” said Jackson Takach, chief economist of Farmer Mac.

FSA says these changes will increase opportunities for farmers and ranchers to be financially viable.