BELZONI, Miss. — For Pepper Roberts, running a successful farm comes down to managing risk and planning for potential challenges.
While other farmers sold their crops last fall, Roberts used grain
Higher tariffs on nearly all major U.S. trading partners are piling pressure on farmers already struggling with soaring agricultural supply costs and elevated rates.
Crop yields will be double compared to last year's yields, according to some estimations. Yet an increase in yields means a decrease in crop insurance payouts. And when the price of some crops has plummeted that means farmers might see their income dropping, as well.
Corn farmers have seen high prices of corn in the last few years, as prices have reached nearly $8 per bushel in some places. This year though, experts predict that corn prices will drop considerably.
