Data & Forecasts

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Farm Bankruptcies Increase 55% in 2024

There were 216 farm bankruptcies filed in 2024 — up 55% from 2023, according to a Feb. 20, 2025 Market Intel report from the American Farm Bureau Federation (AFBF). While that is a big jump from the previous year, it is still 64% lower than 2019’s the all-time high of 599 filings.  


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