Trade disputes over agriculture add pain to low commodity prices that have been grinding down American farmers for years
Note: This is an article that ran in the Wall Street Journal on February 7, 2019. I felt that it did a good job encompassing most of what farmers are dealing with...low prices, bankruptcies, depression, suicide, etc.
A wave of bankruptcies is sweeping the U.S. Farm Belt as trade disputes add pain to the low
commodity prices that have been grinding down American farmers for years.
Throughout much of the Midwest, U.S. farmers are filing for chapter 12 bankruptcy protection
at levels not seen for at least a decade, a Wall Street Journal review of federal data shows.
Bankruptcies in three regions covering major farm states last year rose to the highest level in at
least 10 years. The Seventh Circuit Court of Appeals, which includes Illinois, Indiana and
Wisconsin, had double the bankruptcies in 2…