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Old 11-27-2018, 12:01 PM  
Bladewire
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American farm bankruptcies skyrocket according to new Fed report






So much #winning

Anyone think Trump is going to be a one-term president now?

84 farm bankruptcies so far this year...

"In 2010, 70 bankruptcies were reported in the five states, but that was following the financial collapse of 2008–2009 and a brutal recession."

American farm bankruptcies skyrocket according to new Fed report

Some experts fear the worst is yet to come amid falling commodity prices and the Trump administration's battles with China and other countries on trade.

Farm bankruptcies are on the rise in the Upper Midwest, according to a new report from the Federal Reserve, doubling from their recent lows in 2014.

At least 84 farms filed for bankruptcy from June 2017 to June 2018 in Wisconsin, Minnesota, Montana, and North and South Dakota, according to analysis from the Federal Reserve Bank of Minneapolis.

In 2010, 70 bankruptcies were reported in the five states, but that was following the financial collapse of 2008–2009 and a brutal recession.
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