Economic Tidbits

Farm Bankruptcies Down

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)

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