Farm bankruptcies have increased 8% over the last 12 months, but filings have slowed over the last 6 months as the COVID-19 pandemic disrupted the U.S. economy, a new American Farm Bureau Federation Market Intel report says.
Chapter 12 farm bankruptcies have hit highs not seen for a decade in some states, setting off alarms, with some wondering whether the farm economy could be headed for a crisis similar to the one that occurred in the 1980s. A deeper look at the numbers tells a different story.
TEXAS, August 30, 2017 - San Diego based Sempra Energy announced an agreement with Energy Future Holdings Corp. (EFH) to purchase Oncor Electric Delivery Company LLC. Sempra offered $9.45 billion cash to acquire the utility.