Farm bankruptcies up in Minnesota and across the Midwest

By: Brian Martucci

Outlets: Minnesota Reformer

Published: February 23, 2026

Words: 1,082

Last Updated: 6 days, 19 hours ago

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More Minnesota farmers filed for bankruptcy in 2025 as high input costs and low prices for most agricultural commodities squeezed profit margins, the American Farm Bureau Federation said in a report released earlier this month.

Thirteen Minnesota farmers last year filed for Chapter 12, a section of the U.S. bankruptcy code that allows family farmers and fishermen to restructure certain debts. Four Minnesota farmers filed Chapter 12 in 2024. Across the Midwest, bankruptcy …

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