Mississippi’s agriculture is a key part of the state’s economy, producing over $7 billion a year and making up 18.6% of the state’s GDP. Farmers are facing serious challenges that threaten their jobs, income, and the state’s economy. Experts from Mississippi State University, Pinion Global, Delta Council, and the Mississippi Farm Bureau have reported $550 million in state losses and $3.5 billion in lost spending.
High inflation, rising costs for seeds, fertilizer, and fuel, and low prices for farm products are making it hard for farmers to stay in business. Other countries can produce crops more cheaply, adding to the competition. The Senate Agriculture Committee is working to help farmers by avoiding property tax increases and keeping up investments in infrastructure.