Farm bankruptcies fall again in 2022

With 169 filings, farm bankruptcies in 2022 were the lowest since Chapter 12 became permanent in 2005. This comes just three years after the third-highest number of farm bankruptcy filings – 595 in 2019. This American Farm Bureau Federation Market Intel details the history of Chapter 12 and the latest data, which shows bankruptcy filings were down nearly 39% from 2021.