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Beyond the Balance Sheet: Building Financial Resilience in Alaska Agriculture
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THE NATIONAL FARM ECONOMY is struggling at present, especially in the crop sector, with low crop prices and persistently high operating costs. One alarming indicator of this struggle is rising bankruptcy filings. In 2024, Chapter 12 filings increased in the U.S. by 55% over the number of filings in 2023 and this upward trend continued in the first half of 2025. While alarming, it is important to realize that this upward trend is coming from a 20-year low in 2021. It is not a time to panic but rather a time to become aware of potential problems developing . . .
