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Iowa farm bankruptcies up 26% in 2020


Cedar Rapids Gazette: Iowa had 34 farm bankruptcies in 2020 — a 26% increase from the previous year and the third-highest state total, behind Wisconsin and Kansas. The overall number of farm bankruptcies in the United States fell 7%, to 552, the American Farm Bureau reported this week. The organization noted there likely would have been more farm bankruptcies nationwide if not for federal aid to offset trade losses and coronavirus-related damage.

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