Trump Tariffs and Rising Expenses Blamed for Spike in Family Farm Bankruptcies
The number of Chapter 12 bankruptcies jumped 46 percent in 2025 after a 55 percent hike in 2023, a warning sign as lawmakers juggle a new farm bill for the first time in eight years.
Dairy cows at a 380-acre farm at Holland, Vermont. Photo by Quentin Melson, Natural Resources Conservation Service via farmers.gov
