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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 22, 2024
Senate Democrats are pushing ahead with a $1.9 trillion stimulus plan, even as 10 Republican senators push President Joe Biden to agree to a scaled back version that could get bipartisan support.
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.
Dean Foods Co. has reached an agreement to sell much of its business operations to Dairy Farmers of America for $425 million, pending approval by a federal bankruptcy court and the Justice Department.
Borden Dairy became the second major dairy processor to file for bankruptcy in the last three months this week as the company announced it had “initiated voluntary reorganization proceedings.”
The largest dairy milk producer in the U.S. has begun Chapter 11 bankruptcy proceedings, citing “a challenging operating environment marked by continuing declines in consumer milk consumption.”
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.
Analysts found holes in a theory that the cost of Renewable Identification Number credits (RINs) drove Philadelphia Energy Solutions (PES) to file for bankruptcy.
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.
