State leads nation in farm bankruptcies again, dairy farm closings hit record high in 2018

Quoted: Dairy farms of all sizes as well as grain, beef and specialty farms across the state experienced bankruptcies, according to Paul Mitchell, a professor of agriculture and applied economics at UW-Madison. “There’s no rhyme or reason” to explain the bankruptcies in Wisconsin, Mitchell said. “It’s just a lot of persistent low prices for a lot of different commodities that we produce.”