Prices across the board are down about 20-30%. And when our profit margins are about 2-5%, a 20% drop is massive. My small family farm and our 3-4 employees are looking at losses of well over 100k this year alone. Not good. Unfortunately most of the relief always goes to the corn farmers which kind of sucks because I get ridiculed for taking "government handouts" when in reality we rarely ever see any of it ourselves because it goes to a small group of politically connected farmers.
so why are farmers in need of relief? did the plants get sent home too?
Farmer here, maybe I can help.
Prices across the board are down about 20-30%. And when our profit margins are about 2-5%, a 20% drop is massive. My small family farm and our 3-4 employees are looking at losses of well over 100k this year alone. Not good. Unfortunately most of the relief always goes to the corn farmers which kind of sucks because I get ridiculed for taking "government handouts" when in reality we rarely ever see any of it ourselves because it goes to a small group of politically connected farmers.
Their biggest customers are restaurants and those are gone.