shopping cart empty
Farmer bankruptcies swell to decade high in Farm Belt
Login to post a new topic and to write a reply.
Thread Tools Rate This Thread


Search within thread:

Login to rate this thread.
#11 (permalink)      2/9/2019 8:25:58 PM US Central   quote/reply + tips
Carlahola
Member
  • JoinedNov 2017
  • Posts 5299
  • Reviews 0
  • Kudos14268
+1 details
Did Vapor travel?
Has he visited another country?
#12 (permalink)      2/9/2019 8:38:42 PM US Central   quote/reply + tips
Avatar
bootlelad
Member
  • JoinedAug 2013
  • Posts 2519
  • Reviews 0
  • Kudos6303
+1 details
Does
#13 (permalink)      2/9/2019 9:59:26 PM US Central   quote/reply + tips
wuwei.ap
Member
  • JoinedMar 2015
  • Posts 20740
  • Reviews 266
  • Kudos39463
+1 details
I believe he travelled to Iowa once.
#14 (permalink)      2/9/2019 10:45:30 PM US Central   quote/reply + tips
Vostock
Member
  • JoinedJul 2014
  • Posts 16295
  • Reviews 361
  • Kudos18870
+1 details
ohhh vapor weak man weak...anything to avoid the trump/tariffs fiasco and the subsequent sociamalistical bail-out(which you have of course turned down on principle) all this within one of heaviest state subsidised agri-sectors in the western world.....but yeah blame millennials that sounds kosher
#15 (permalink)      2/10/2019 2:33:08 AM US Central   quote/reply + tips
Avatar
Richy7
Member
  • JoinedAug 2014
  • Posts 3837
  • Reviews 151
  • Kudos5168
+2 details
A savvy farmer would use bankruptcy as a "tool in the box" to deal with black swan events, the fools get swept away.

lots of fools here at FT.

Edit: I should have added.... whilst ring fencing assets as they go through the good times.

That should add even more dislike from the usual idiots :))

Edited on 2/11/2019 at 1:47 AM. Reason:
#16 (permalink)      2/10/2019 3:37:53 AM US Central   quote/reply + tips
wuwei.ap
Member
  • JoinedMar 2015
  • Posts 20740
  • Reviews 266
  • Kudos39463
Richy7 wrote:

A savvy farmer would use bankruptcy as a "tool in the box" to deal with black swan events, the fools get swept away.



Socialism.

#17 (permalink)      2/10/2019 3:51:08 AM US Central   quote/reply + tips
Avatar
Richy7
Member
  • JoinedAug 2014
  • Posts 3837
  • Reviews 151
  • Kudos5168
+1 details
wuwei.ap wrote:

Richy7 wrote:
A savvy farmer would use bankruptcy as a "tool in the box" to deal with black swan events, the fools get swept away.

Socialism.



The “ism” of me myself and I 😂😂


Edited on 2/10/2019 at 3:58 AM. Reason:
#18 (permalink)      2/10/2019 4:08:26 AM US Central   quote/reply + tips
Vostock
Member
  • JoinedJul 2014
  • Posts 16295
  • Reviews 361
  • Kudos18870
+3 details
heavily subsidised, benfit dependant, the welfare queens of farming handouts the USA....once again 'targeted socialism' for 1 group, go fuck y'self for the rest...as richy advocates fraud as a tool in the box....yea how did c111um put it? 'nation of theives'

Edited on 2/10/2019 at 4:09 AM. Reason:
#19 (permalink)      2/10/2019 8:57:40 AM US Central   quote/reply + tips
Avatar
Vapor
Member
  • JoinedApr 2013
  • Posts 24585
  • Reviews 153
  • Kudos19204
+1 details
Vostock wrote:

ohhh vapor weak man weak...anything to avoid the trump/tariffs fiasco and the subsequent sociamalistical bail-out(which you have of course turned down on principle) all this within one of heaviest state subsidised agri-sectors in the western world.....but yeah blame millennials that sounds kosher




Chapter 12 Bankruptcies Lower Across Farm Country
https://www.fb.org/market-intel/chapter-12-bankruptcies-lower-across-farm-country

Nov 16, 2018 - Caseload statistics from the United States Courts indicate that for the 2018 fiscal year, which ended Sept. 30, there were 468 Chapter 12 bankruptcy filings, down 8 percent, or 40 filings, from the prior year.

468 OUT OF 3.2 MILLION FARMS...


Edited on 2/10/2019 at 8:59 AM. Reason:
Heaven has a wall and strict immigration policies. Hell has open borders.
#20 (permalink)      2/10/2019 9:38:39 AM US Central   quote/reply + tips
Avatar
fujiibear
Member
  • JoinedAug 2013
  • Posts 11038
  • Reviews 32
  • Kudos44823
+1 details
Did we read the same article? I think I'm more inclined to believe the Wall Street Journal but from your own link, without cherry picking:

There were 501 Chapter 12 bankruptcy filings during 2017 – the highest level since 2012. Higher bankruptcy levels were anticipated given the financial stress in agriculture.

Since 2013, net farm income, a broad measure of farm profitability, has declined by 52 percent, and in 2018 is projected to be at a 12-year low. In fact, bankruptcies have climbed each year since 2014; and since 2014, farm bankruptcies have increased nearly 100 percent,

The bankruptcy rate per 10,000 farmers is also at a multi-year high. In 2017, there were estimated to be slightly more than 2 million farmers, and the bankruptcy rate per 10,000 farms was approximately 2.5 farms – the highest level since 2011.


Can I borrow those rose tinted glasses you wear.

'If Assholes Could Fly This Place Would Be An Airport".
#21 (permalink)      2/10/2019 9:45:23 AM US Central   quote/reply + tips
Avatar
javyn
Member
  • JoinedAug 2014
  • Posts 12379
  • Reviews 55
  • Kudos19007
+1 details
He's just a retard, heh.
"This woman is a coward and a liar. Her replies are so dim-witted its sad."