Farm bankruptcies are rising sharply due to plummeting crop prices and ongoing trade disputes, particularly affecting soybean farmers. With government assistance on the horizon, will it be enough to save the struggling agriculture sector?
North Dakota soybean farmers are in turmoil as China ceases purchases due to tariffs imposed by the Trump administration. With soybeans piling up, the risk of bankruptcies looms. Farmers scramble for storage while waiting for trade negotiations to bear fruit.
