date:Oct 10, 2012
ancial difficulty over the past year and half, including bankruptcy filings, out-of-court liquidations and moving operations into receivership.
Dairies go through cycles, and Ive hit every one of them since 1979, but nothing like this, Walter said. The recent spike in feed prices due to the drought and ethanol policies really put a nail in the coffin of a lot of people.
More Bankruptcies
So far this year, 49 bankruptcy cases have been filed by family farms in California, up from 43 cases file