New Delhi, Dec. 17 -- In Wisconsin, two dairy farms go out of business per day.
The Midwestern state produces more dairy than any other and is leading the nation in farm industry bankruptcies.
Experts attribute the increase in closures to economic challenges farmers are facing, specifically low prices due to supply outpacing demand.
Patty Edelburg, the vice president of the National Farmers Union, told Yahoo Finance that many farmers struggle to pay their bills.
"Bankruptcies are up," says Edelburg. "Wisconsin is attributed as the No. 1 bankruptcy in the nation right now, when it comes to dairy farmers. That number is up, I think, 24% from last year already. We're losing two farms a day."
According to the Wisconsin Department of Agricu...