Chapter 12 farm bankruptcies climb in early 2026
Chapter 12 filings reached 62 in April 2026, up 130 percent from April 2025, per Epiq AACER data, and the DOJ trustee program's FY2025 report landed March 5, 2026.
Tanya Brooks
Business coverage of the companies and conditions surrounding agriculture: equipment and input manufacturer results, fertilizer and fuel pricing, farm credit availability, land and machinery values, and food company earnings. Reporting connects each development to farm operating cost or income, with the timing a grower would need for budgeting.
Earnings from equipment and input makers, credit conditions, fuel and fertilizer pricing, and corporate moves that change what farming costs.
Chapter 12 filings reached 62 in April 2026, up 130 percent from April 2025, per Epiq AACER data, and the DOJ trustee program's FY2025 report landed March 5, 2026.
Tanya Brooks
Documented payments range from about $6 per acre under Bayer's program to $30 per credit at Indigo, a spread wide enough that contract terms matter more than headline rates.
Tanya Brooks
The Farm Credit System held $428.9 billion in loans at the end of 2024, per FCA data, and its underwriting is tightening where farm cash flows are weakest.
Tanya Brooks
Pearl City Elevator and Stephenson Service Company shareholders approved a merger on January 30, 2026; the combined co-op takes full effect September 1, 2026.
Tanya Brooks
Farmland values hit a record $4,350 per acre in 2025 per USDA, but rate-sensitive buyers and tighter cash flows are changing how deals get done.
Tanya Brooks