St. Louis, Missouri 2020-10-03 23:15:00 –
ST. CHARELS, Missouri (KMOV.com) – As Midwestern farmers begin their fall harvest, many are doing so at a loss from COVID-19.
Low crop prices during most of the spring and summer cornered some farmers with a 20 percent impact on their bottom line.
“World events are affecting us in a dramatic way because we export a large part of our crop, especially soybeans, and a large amount of that soybean is actually destined for China,” said Adam Jones, soybean producer and corn in St. Charles County. the coronavirus and with the problems with China with trade, we have been significantly affected by the prices.
Jones said earlier this year that some of his crops are priced well below average and will in turn take a 20 percent hit this fall. While prices have rebounded, which he says is due to supply, farmers are still feeling the pinch.
“There’s not a lot of headroom in agriculture right now, so when you take 20 percent off it puts a lot of people underwater,” he said.
The agricultural sector has received two federal relief programs, including the Coronavirus Food Aid Program, which injected $ 19 billion to help farmers and ranchers maintain supply chains.
Yet many farmers are making less money for their families than in previous years due to the pandemic.
“We’ve had great weather this year, a lot of rain, so the crop yield is very high,” Jones said. “It will help some too.”
Jones and his cousin started working this week and will spend the next month harvesting 850 acres of corn and soybeans.
“Everyone is obviously affected, but as a farmer we can’t help but go to work, we can’t work from home,” Jones said. “Just like the truckers and the firefighters and everyone else, we’re also on the front lines and doing what we can to feed the world.
Copyright 2020 KMOV (Meredith Corporation). All rights reserved