Monday, August 2, 2021


Hundreds of thousands of Medi-Cal recipients are paying monthly premiums when they donít have to; Dr. Fauci predicts the pandemic will get worse.


The Texas voting rights fight gets star power; lawmakers stage a sit-in as the eviction moratorium expires; and Senators work overtime on infrastructure.

Rising Bankruptcies, Possible 2020 Weather Woes Worry SD Farmers


Friday, December 13, 2019   

SIOUX FALLS, S.D. – With 2020 just around the corner, farmers across the Midwest hope Mother Nature and economic conditions will bring relief by spring.

The American Farm Bureau says South Dakota reported 13 farm bankruptcies in a 12-month period ending in September, compared with two in the previous 12-month period.

Angel Kasper, outreach director for Ag United for South Dakota, notes that 98% of the state's farms are family owned. She says when weather extremes kept many from planting crops this year, some gave up rather than wait for another season.

"South Dakota this year, especially with the weather, had 3.86 million unplanted acres of land, which is more than any other state,” she relates. “And some farms didn't get crops in at all."

In addition to weather problems, Kasper says the rise in bankruptcies can be traced to low commodity prices and the trade wars, including the tariffs on China.

Neighboring agricultural states also reported increases in farm bankruptcies: Nebraska had 37, Minnesota 31 and Iowa reported 24.

The Farm Bureau says overall, there were 24% more farm bankruptcies this year than last.

This year also has seen the wettest January-to-May period on record in the Midwest.

National Weather Service meteorologist Phil Schumacher says much of South Dakota is ending the year with conditions that could create more of the same in 2020.

"All we can say is right now is, there's a lot of moisture in the ground, the rivers are running high,” he states. It makes us a little more worried there could be flooding next year. But we have to wait and see how precipitation falls."

And Kasper adds that weather-related farm woes can directly impact consumers.

"The average age of farmers in the U.S. is 58 years old,” he points out. “Somebody has to take that place, and somebody has to produce those crops. So, with less farmers and less farms, food is going to become more expensive to produce."

Despite more bankruptcies, the U.S. Department of Agriculture expects net farm income to increase this year, due to insurance payouts, and also government payouts to individual farmers hurt by the trade war.

get more stories like this via email

Some tenants' advocates would like Virginia's new budget proposal for American Rescue Plan funding to include money for low-income renters to hire lawyers for eviction cases. (Adobe stock)

Social Issues

RICHMOND, Va. - Virginia's General Assembly Special Session begins today to budget more than $4 billion in federal COVID relief funds, and advocates …

Social Issues

ROSLINDALE, Mass. - A new report finds Massachusetts residents would rather repair electronic devices than send them to landfills, but manufacturers …

Social Issues

DENVER-During the COVID health emergency, the federal government made school meals available for free to all students, regardless of their financial …

The Blackfeet Reservation is one of seven tribal reservations in Montana. (Kushnirov Avraham/Adobe Stock)

Social Issues

HELENA, Mont. - COVID-19 is underscoring the importance of ensuring that people's estates are in order, but estate planning can be be tricky for …

Social Issues

ALBUQUERQUE, N.M. - Pandemic fallout still has U.S. states clawing their way back to normalcy, and New Mexico believes its decision to provide more …

In a new poll, 64% of New Hampshire voters said they think capital gains should be taxed at the same rate as income from wages; 56% support increasing the corporate tax rate to 28%. (Vitalii Vodolazskyi/Adobe Stock)

Social Issues

CONCORD, N.H. - New polling finds many New Hampshire voters think it's important that wealthy individuals and corporations pay what's described as …

Social Issues

AMARILLO, Texas - The American Farm Bureau Federation hosts more than 100 college level chapters across 35 states, but this is the first time its …

Social Issues

ELIZABETH CITY, N.C. - As activists mark more than 100 days of protest since the April 21 death of Andrew Brown Junior - killed outside his Elizabeth …


Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member and audience-supported news source since 1996 Copyright © 2021