What's Really Going on in Agriculture?
What's Really Going on in Agriculture? What's going on in agriculture right now? Well, the financial picture for farms is completely different than it was a century ago. So let's dig past the headlines and figure out what's really happening. What does it actually mean when we hear about a "farm bankruptcy crisis"? First things first: Yes, farm bankruptcy rates are rising, up from historic lows in the last few years. Once you chart it out, you kinda see the trend. But here's the kicker— it's not just farms. Everyone's going bankrupt more right now, whether we're talking personal bankruptcies or business bankruptcies. This isn't just a farm problem; it's a "the US economy is in trouble" problem that's affecting everybody. It's wild to me that everybody knows farm bankruptcies are going up, but we're not talking about how everybody's bankruptcies are going up. There isn't a farm bankruptcy problem ...