# U.S. farm bankruptcies hit an eight-year high: court data

> U.S. farm bankruptcy filings rose about 20% in 2019, reaching an eight-year high according to court data. The increase reflects prolonged financial stress on farms.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/55064-u-s-farm-bankruptcies-hit-an-eight-year-high-court-data
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Rising farm bankruptcies signal weaker farm finances, which can slow farmer spending and reduce feed purchases. The effect on commodity prices is limited.

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| CORN | 2024-07-27 | [Chinese yuan hits eight-month low with missed inflation data and US dollar rebound \| FX Blue](https://feedsoft.ai/events/9350-chinese-yuan-hits-eight-month-low-with-missed-inflation-data-and-us-dollar.md) | -1.0% | -4.8% |
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| CORN | 2019-09-03 | [US dollar just hit 2-year high, closes in on another major milestone](https://feedsoft.ai/events/12331-us-dollar-just-hit-2-year-high-closes-in-on-another-major-milestone.md) | -6.0% | +1.2% |
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| CORN | 2020-11-04 | [Ethanol industry still recovering from COVID hit - Farm and Dairy](https://feedsoft.ai/events/50138-ethanol-industry-still-recovering-from-covid-hit-farm-and-dairy.md) | +1.8% | +8.9% |
| SOY | 2018-02-08 | [China's Yuan Toppled From Two-Year High as Trade Data Surprises - Bloomberg](https://feedsoft.ai/events/7104-china-s-yuan-toppled-from-two-year-high-as-trade-data-surprises-bloomberg.md) | +3.5% | +7.2% |
| SOY | 2019-02-20 | [Bangkok Post - Baht surges to 5-year high near 31](https://feedsoft.ai/events/60828-bangkok-post-baht-surges-to-5-year-high-near-31.md) | +0.3% | +0.4% |
| SOY | 2024-07-27 | [Chinese yuan hits eight-month low with missed inflation data and US dollar rebound \| FX Blue](https://feedsoft.ai/events/9350-chinese-yuan-hits-eight-month-low-with-missed-inflation-data-and-us-dollar.md) | -4.5% | -11.6% |

## Sources

- reuters.com: https://www.reuters.com/article/business/us-farm-bankruptcies-hit-an-eight-year-high-court-data-idUSKBN1ZT2Y7/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.