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Politics : Formerly About Advanced Micro Devices
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Land Shark
To: Land Shark who wrote (1120285)2/24/2019 10:35:04 PM
From: puborectalis1 Recommendation  Read Replies (1) of 1575317
 
There were 501 Chapter 12 bankruptcy filings during 2017 – the highest level since 2012. Higher bankruptcy levels were anticipated given the financial stress in agriculture. Since 2013, net farm income, a broad measure of farm profitability, has declined by 52 percent, and in 2018 is projected to be at a 12-year low. In fact, bankruptcies have climbed each year since 2014; and since 2014, farm bankruptcies have increased nearly 100 percent, Figure 2.

The bankruptcy rate per 10,000 farmers is also at a multi-year high. In 2017, there were estimated to be slightly more than 2 million farmers, and the bankruptcy rate per 10,000 farms was approximately 2.5 farms – the highest level since 2011.

Good Job Trump!
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