Page 628 - Crops News Today

>> reporter: farmers are used to volatility and both are now looking for ways to adapt, like downsizing or shifting to other crops. >> it is going to worry you. i aint going to let it get me down. well survive somehow. >> reporter: as long as these money problems stop piling up. >> we just need to get a fairer price for what were growing. >> reporter: now, the usda announced 90million in grants to help farmers get their products directly to consumers. and, look, not every farmer is being impacte...

Shifting to other crops. >> i aint going to let it keep me down. we will survive, somehow. >> reporter: as long as the money problems stop piling up. >> we just need a fair price for what we are growing. abe cohen, thank you for that important reporting. two people who became unlikely friends after a woman sent a text to the wrong number are keeping the tradition alive. she was thinking he was her grandson. once they sorted it out, he asked, could i still come to dinner? she said, of course....

The american farm bureau says it may be as much as 14%. their survey shows price hikes on most products from potatoes to cranberries to turkeys, which are nearing a record high. despite those mark ups at the market, many farmers say the price they receive for their crop isnt going up. so your price is staying the same. >> my price stays the same or a little lower. >> why dont farmers just raise the price of their crops? >> farmers are price takers, not price makers. >> patty is vice president of...

Worse. >> we could lose a quarter of a million dollars next year. we would not have enough cash to take into the following year in order to get our operating loan in order to operate for the following year. >> reporter: farmers are used to volatility, and both he and jones are now looking for ways to adapt, like downsizing or shifting to other crops. >> its going to worry, i aint gonna let it get me down. well survive somehow. >> reporter: as long as these money problems stop piling up. >> we ju...

>> reporter: what about looking ahead to next year? >> add that much more to it again. >> reporter: inflation may be cooking up the most expensive thanksgiving in history for families. the usda says the average dinner cost is up 5%. the american farm bureau says it may be as much as 14%. their survey shows price hikes on most products from potatoes to cranberries to turkeys which are nearing a record high. despite the markups at the market, many farmers say the price they receive for their crop ...

How does the tribe look at thanksgiving and what would you be doing on that day? >> i think first and foremost, its ignorant bless on our side and we were welcoming and taught them how to grow corn and crops. weve always been welcoming people and hasnt always worked to our advantage. were witnessing another pandemic here in the nation with covid. you know, so all the diseases that come through were still having diseases and problems still today. i would say that thanksgiving is a day of mourning...

Next year. >> reporter: the usda says the average dinner costs is up 5%. the farm buro says might be as much as 14%. they say pry hikes from potatoes to cranberries to turkeys, nearing a record high. despite the markups, many farmers say the price they receive seven going up. >> but your prices tay the same? >> or a little -- >> reporter: why dont farmer raise the price of their crops? >> they are price takers, now makers. >> much more of middle man than anybody else. >> reporter: processors and...

Economist at michigan state university -- >> so were in the middle of a perfect storm of unique events in agricultural protection. i would say buckle up for a while longer of these hire input costs. >> reporter: this farms are stocking up on materials in place suppliers run out. others are waiting hoping prices drop. and all of these issues threaten this sweet potato farm. >> we were making 100,000 to $150,000 a year in profit. this year well probably lose $80,000 to $120,000. >> reporter: and i...

>> were in the middle of a perfect storm of unique events in agricultural production. i would say buckle up for a while longer of these higher input costs. >> some farms are stocking up on materials in case suppliers run out. others are waiting, hoping prices will drop, all these costs especially labor, are threatening matts california sweet potato farm. >> we were making, you know, 100 to $150,000 a year in profit. this year, were probably going to lose 80 to $120,000. we could potentially lose...

Cost is up 5%. the american farm bureau says it may be as much as 14%. their survey shows price hikes on most products from potatoes to cranberries to turkey which is anearing a record high. and many farmers say the price they receive for their crop is not going up. so your price is staying the same? >> my price is staying the same. or a little lower. >> reporter: why dont farmers just raise the price of their crops? >> they are price takers, not price makers. >> reporter: the national farmers u...