Bankruptcy
While some producers managed to stay profitable in 2025, most struggled under tight margins, making them the exception rather than the rule, according to ag lender Alan Hoskins.
A new report from Bloomberg Law shows family farm bankruptcies had already increased by 55% last year compared to 2023, and to start 2025, the number of bankruptcies is already exceeding the same time last year.
“The agricultural economy is inherently cyclical, and ag lenders are navigating the changing conditions across the sectors they serve,” said Jackson Takach, chief economist of Farmer Mac.
FSA says these changes will increase opportunities for farmers and ranchers to be financially viable.
Kalera, a vertical farming company based in Orlando, Fla., filed April 4, for Chapter 11 bankruptcy, and the CEO stepped down. But leaders are making arrangements to continue regular operations throughout the process.
In 2000, southwest Mississippi producer Rodney Burkley heard about a business venture gaining steam in multiple states: earthworms.