[U.S.] “…farm bankruptcies at highest since 2011”

“Farmers have struggled to escape a downturn that began in 2013, a slump made worse by President Trump’s trade war with China, Mexico and Canada that cut exports and depressed already low prices, while extreme weather including flooding, a freeze, and drought early in 2019 added to farming woes…

Despite President Trump’s agriculture bailouts, Iowa farmers continue to see their financial condition erode, with 44% of producers last year struggling to cover their bills, an Iowa State University report shows...

Nationwide U.S. farm bankruptcies in September surged 24% to their highest level since 2011 amid strains from President Trump’s trade war with China and a year of wild weather…”

https://www.marketwatch.com/story/us-stock-market-at-record-but-farm-bankruptcies-at-highest-since-2011-2019-11-16

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