Flooded farmland could cause food prices to go up
The cost to feed your family could go up after heavy rains destroyed crops across the country. Some local farmers were back in the fields this week trying to replenish what was lost.
Joe Samuel, a farmer in Hickman County, Kentucky, says his soybeans were first planted in early June, but he had to replant about 20 acres after a nearby creek flooded.
"Farming is a gamble," says Samuel. "Just rolling the dice and seeing how it turns out."
Now here we are in the middle of July, and Samuel is back at it again. "Hoping for the best," says Samuel.
Every year around the Fourth of July, he expects about 2 to 3 inches of rain. This year, he says, it was twice that, causing a flash flood that ruined 75 acres of Samuel’s soybeans.
"It is frustrating," says Samuel. "It gets old sometimes. It gets heartbreaking. The worst part is the cost. It’s just very expensive."
The rain destroyed an estimated $30,000-worth of crops in Samuel’s field. However, Samuel says it’s nothing compared to some of his neighbors who lost a couple hundred acres. They’re not alone. Many farmers across west Kentucky were also impacted by the heavy rains.
"Sometimes it can be a little bit of a plus for the farmer, because if there’s enough acres that is lost, then the market goes up," says Samuel.
This could also mean a higher demand, which causes higher prices.
Samuel says he’s staying positive, hoping for a late frost so he can bring more soybeans to market.
The good news is prices won’t be impacted anytime soon or at all. Samuel says we will have to wait until after the next spring harvest to see how much goes to market.