Source: P.J. Huffstutter, REUTERS, 8/2/19

With farm bankruptcies rising and agricultural debt loads soaring, the U.S. Senate has passed a bill that will make it easier for more farmers with larger amounts of debt to file for bankruptcy protection. The bipartisan bill - called the Family Farmer Relief Act of 2019 - raises the ceiling on how much debt producers who file for Chapter 12 bankruptcy can have, to $10 million from the previous $4 million.

For more of this story, click here.