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COVID-19 is likely leading more U.S. farmers to file for bankruptcy

May 20, 2020
American farmers were struggling because of the U.S.-China trade war long before the coronavirus pandemic hit.
A farmer walks through his soy fields in Illinois. Eighty percent of farm assets are tied up in land values, which have been declining for the past few years.
Nova Safo/AFP via Getty Images

Farm bankruptcies up sharply in 2019

Jan 31, 2020
Filing for bankruptcy doesn't necessarily mean you’re giving up on farming.
Scott Olson/Getty Images