Items Tagged with 'AFBF'

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Farm Bureau Market Intel Reports Weather Disasters Cost Farmers $20.3 Billion in 2024

An in-depth analysis of findings from the American Farm Bureau Federation reports that farmers lost $20.3 billion in 2024 due to a range of weather-related events including drought, flooding and hurricanes across the U.S.
An in-depth analysis of findings from the American Farm Bureau Federation reports that farmers lost $20.3 billion in 2024 due to a range of weather-related events.
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AFBF Chapter 12 Filinings By-Region.jpg

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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