Farmers face tough financial reality

By

Local News

October 11, 2019 - 5:55 PM

Kansas is second in the nation for filing farm bankruptcies in 2019, with a 50% increase of filings in the last year. The Midwest has been hit hard by low commodity prices and the trade war with China. REGISTER/ERIC SPRUILL

Over the summer Farm Bureau released a startling report, showing Kansas was second in the nation in Chapter 12 bankruptcies, with 39 over a one-year period dating back to June 2018.

To put that in perspective, California and Texas had 25 and 23, respectively, during the same time period. Wisconsin leads the country with 45.

Kansas saw a 50% increase in filings in the last year, rising by 13 from the previous year.

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