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Fri Jan 31, 2020, 10:05 AM

U.S. farm bankruptcies hit an eight-year high: court data

https://mobile.reuters.com/article/amp/idUSKBN1ZT2YE

CHICAGO (Reuters) - U.S. farm bankruptcy rates jumped 20% in 2019 - to an eight-year high - as financial woes in the U.S. agricultural economy continued in spite of massive federal bail-out funding, according to federal court data.

...

The increase in cases had been somewhat expected, bankruptcy experts and agricultural economists said, as farmers face trade battles, ever-mounting farm debt, prolonged low commodity prices, volatile weather patterns and a fatal pig disease that has decimated China's herd.

Even billions of dollars spent over the past two years in government agricultural assistance has not stemmed the bleeding.

Nearly one-third of projected U.S. net farm income in 2019 came from government aid and taxpayer-subsidized commodity insurance payments, according to the U.S. Department of Agriculture.



Itís really because we want to kill their cows


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Reply U.S. farm bankruptcies hit an eight-year high: court data (Original post)
Roland99 Jan 2020 OP
Yo_Mama_Been_Loggin Jan 2020 #1
Coventina Jan 2020 #2
Hortensis Jan 2020 #3

Response to Roland99 (Original post)

Fri Jan 31, 2020, 03:12 PM

1. Tired of winning yet?

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Response to Roland99 (Original post)

Fri Jan 31, 2020, 03:13 PM

2. But, they will vote for him again.... n/t

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Response to Roland99 (Original post)

Fri Jan 31, 2020, 03:27 PM

3. Tragedies almost every one, and probably between

a quarter and a third of the victims are liberal voters.

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