More U.S. farms filed for bankruptcy in the first three months of 2025 than during the entire 2024 calendar year. That’s according to new research from University of Arkansas Extension Economist Ryan Loy. The information shows that the 259 filings in the first three months of 2025 are the most in any year since 2021. “We’ve already beaten last year in terms of national filings just in the first three months of this year,” Loy said. “Once you see this on a national level, it’s a clear sign that financial pressures that we saw before in 2018 and 2019 are reemerging.” A large part of the pressure comes from the fact that commodity prices are back where they were in the 2018-2019 era. Adding to that pressure are high input costs for seed, fertilizer, pest management tools, and diesel that never seem to decline much or for a long period.
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