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‘THIS ONE HERE IS GONNA KICK MY BUTT’ – FARM BELT BANKRUPTCIES ARE SOARING

A wave of bankruptcies is sweeping the U.S. Farm Belt as trade disputes add pain to the low commodity prices that have been grinding down American farmers for years. Throughout much of the Midwest, U.S. farmers are filing for chapter 12 bankruptcy protection at levels not seen for at least a decade. Nebraska farmer Kirk Duensing said, ”I’ve been through several dips in 40 years, this one here is gonna kick my butt.” (The Wall Street Journal)

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