A Warren County, Pa., dairy farm filed for chapter 11 protection, the third dairy operation since July to go bankrupt in the 25 counties comprising the Western District of the U.S. District Court of Pennsylvania, the Pittsburgh Post-Gazette reported. R-Dream Farms LLC in Corry, which has about 350 cows, listed assets ranging between $500,000 and $1 million, and liabilities ranging between $100,000 and $500,000. Springville, N.Y., feed dealer Gramco Inc. was listed as the farm’s biggest creditor at $432,316, followed by John Deere Financial of Johnston, Iowa, at $87,796, and farm supply company Platts Mill Inc., of Spartansburg, Pa., at $54,390. Since July, dairy operations Kooser Farms in Mill Run, Fayette County, and Kimmel Brothers, Plumville, Indiana County, both filed for bankruptcy. For the fiscal year ending July 31, 370 dairy farms closed in Pennsylvania, according to the U.S. Department of Agriculture.
