Low Commodity Prices hit Farmers Hard

| November 28, 2015

Agriculture

SYLVESTER — The USDA is forecasting the biggest drop in farm income since 1983.

In a report from WALB, experts state the reason for the low income is due to commodity prices, such as peanuts and cotton, as being low.  This will create the need for tight budgets this year, according to the report.

“This is going to be tough. It’s going to be tough. They are just going to have to manage organize their records just keep good records make all good economic decisions,” according to Keith Willis with the Worth Co. Farm Service Agency, who was interviewed in the report.

Establishing a Budget
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