Low commodity prices result in low incomes for farmers - WALB.com, South Georgia News, Weather, Sports

Low commodity prices result in low incomes for farmers

WORTH CO., GA (WALB) -

Farmers will see the biggest drop in income this year according to the USDA.

Experts said the reason is because commodity prices such as peanuts and cotton are low, which isn't helpful because the prices for input such as farming equipment are high. 

Farmers were suggested to keep a close eye on their budget. 

"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," said Keith Willis with the Worth Co. Farm Service Agency.

This is the lowest farmers have seen since 1983. 

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