Farm bankruptcies filed in Nebraska through the third quarter of 2022 numbered 8 compared to 13 filings for the same period in 2021 (Figure 5). farm bankruptcy filing has slowed markedly since peaking in 2019 and will likely end 2022 below the 21-year average of 20 filings a year. Again, further evidence of healthy financial conditions in Nebraska agriculture.
Figure 5. Chapter 12 Bankruptcies in Nebraska
Source: U.S. Federal Bankruptcy Court (2022 data through the end of 3rd quarter)