By Gina Heeb
At least 84 farms in the upper Midwest (click here) filed for Chapter 12 bankruptcy in the 12 months that ended in June, according to a new Minneapolis Fed analysis.
That's more than twice the level seen over the same period four years ago.
Tariffs have added pressure to already low margins for farmers.
As President Donald Trump maintains protectionist policies with global trading partners, an increasing number of farms in the Midwest are struggling to stay afloat.
At least 84 farm operations in Minnesota, Montana, North Dakota, South Dakota, and parts of northwestern Wisconsin filed for bankruptcy in the 12 months that ended in June, according to a new analysis from the Minneapolis Federal Reserve, more than twice the level seen over the same period in 2014....
