U.S. stock market at record but farm bankruptcies at highest since 2011

Posted on AllSides November 17th, 2019
From The Center

While U.S. stock market is soaring to new record highs, with the Dow Jones Industrial Average DJIA, +0.80% hitting 28,000 on Friday, farmers are having trouble paying their bills in the heart of America’s agricultural sector.

Farms incomes are falling in Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico, according to the Kansas City Federal Reserve.

Farm income fell in each state within the district from a year ago and credit conditions in the Federal Reserve’s Tenth District deteriorated in the third quarter despite...

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