Filed Under: [ Business ] [ Hispanic News ]
Tags: insurance
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“Today’s business climate in farming doesn’t make it any easier. Farmers hit financial roadblocks everywhere they turn.
One of the biggest is the price of labor. Construction companies are driving up wages for the Latino workforce and farmers can’t compete. Some workers are demanding $10 an hour, but $8 is all most farmers can afford and still make a living farming, Deals said.
As the price of land rises, so do property taxes. Gas prices can cost farmers $5 to $10 extra a day to run their machinery and get back and forth between fields. Seeds, equipment, fertilizer and insurance have all gone up, but prices fetched at the market haven’t risen accordingly.”
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