In a tiny town surrounded by miles of rippling wheat fields, Brady Peterson's restaurant sits nearly empty during what should be a Saturday lunch rush...
Farmers' financial pain spills from Kansas wheat fields to Main StreetsFarmers' financial pain spills from Kansas wheat fields to Main StreetsSMITH CENTER, Kansas - In a tiny town surrounded by miles of rippling wheat fields, Brady Peterson 's restaurant sits nearly empty during what should be a Saturday lunch rush. Normally, Pete's would be filled with farmers ordering fried chicken and cheeseburgers, but as farm income thins, so does Peterson's business.
Business owners noted anywhere from a 20% to 30% decline in revenue compared to the previous year. Nationally, farm income is forecast to fall 25% from last year according to the U.S. Agriculture Department. That would be the largest annual decrease in dollar terms. "It's hard to find an industry that doesn't rely on farm product prices. It has a dramatic impact on the community," he said.
Russ Erbert, a jeweler in Norton, Kansas, delights in showing young couples how a good diamond will sparkle even under dim light and seeing a newly engaged woman smile when she sees her ring. During an economic downturn in a small farm town, these scenes happen less often.
Farm Income Concordia Kansas Norton Kansas Business Owners Kansas Crop Prices Kansas Commodity Crop Prices Megan Jensen Fried Chicken
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