Unfortunately. these headlines continue. If you want to fact check any of it, just head out to Kansas, Nebraska, Ohio or any other farm community to learn for yourself. What were once bustling communities now look more like ghost towns. Towns that once had three high schools are now down to one.
Is it any wonder that the U.S. farm economy is struggling, given the statistics shared below:
"U.S. farm households had a median farm income in 2018 of negative $1,548.
Negative $1,548.
U.S. farm debt — covering operations, land, equipment, livestock and more — last year climbed to more than $409 billion, according to the USDA .
Nationwide, the volume of loans to fund current operating expenses grew 22% in the fourth quarter from year-ago levels, hitting a quarterly record of $58.7 billion.
Last year, bankruptcies in farm counties made up 48% of the U.S. total of chapter 12 bankruptcies."













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