Dairy Farmers’ Struggles | FREE WHITEWATER
FREE WHITEWATER

Dairy Farmers’ Struggles

The AP reports Farm bankruptcies on the rise in Upper Midwest:

The number of farms filing for bankruptcy is increasing across the Upper Midwest, following low prices for corn, soybeans, milk and beef, according to a new analysis from the Federal Reserve Bank of Minneapolis.

The analysis found that 84 farms filed for bankruptcy in Wisconsin, Minnesota, North Dakota, South Dakota and Montana in the 12 months that ended in June. That’s more than double the number over the same period in 2013 and 2014.

“Current price levels and the trajectory of the current trends suggest that this trend has not yet seen a peak,” said Ron Wirtz, an analyst at the Minneapolis Fed.

This federal administration promised that “we’re going to win so much. You’re going to get tired of winning. you’re going to say, ‘Please Mr. President, I have a headache. Please, don’t win so much.”

These dairy farmers now have worse than headaches, and it isn’t from winning.

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