Farm trade groups are lobbying the Trump administration to provide financial aid for farmers enduring price drops amid the coronavirus pandemic.
Now, the coronavirus pandemic has dealt another blow to a vulnerable farm economy, sending crop and livestock prices tumbling and raising concerns about sudden labor shortages.
"It's not looking good. Product can't be moved. Farmers are very concerned," said Aubrey Onley, a farmer in Perquimans County, North Carolina. Chittenden depends on truck drivers to pick up milk from his farm every day. But he's worried about possibly losing that service as infections surge in the state. "We are used to temporary uncertainty," he said, citing weather disasters that affect operations. "But not this prolonged situation."
He's decided to farm on less land this year because he can't afford to rent it out the usual acreage, and is already in two years of debt exacerbated from"We've stopped saying it can't get worse," Ewoldt said, adding that several years of financial losses coupled with the price drops from the virus have made farm operations impossible.Art Miller, one of three partners in Miller Farm Inc. of Vernon, feed the cows on the farm on Wednesday, March 18, 2020.
Even so, the National Cattlemen's Beef Association sent a letter to Congress last week asking if lawmakers can increase the CCC lending authority to $50 billion, arguing that cattle prices have continued to plummet along with commodity prices.
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