The fifth-generation farmer has been producing corn, soybeans and beef at his 6,000-acre family farm. The family produces 768,000 bushels of corn and 190,000 bushels of soybeans annually while raising nearly 2,000 head of cattle.
Pellett said they were "blessed to be able to get our crops in a very timely manner" while there are a lot of states that "are way behind" because of heavy floods and excessive rain.
The record-breaking wet conditions have led to a record-low amount of acres planted with corn and soybeans, according to the U.S. Department of Agriculture (USDA).
Pellet said, "There will be a lot of farmers that will be in very bad shape at the end of the year, just due to the weather conditions that have existed this spring and may continue."
Apart from enough sunshine, what the U.S. farmers need most is apparently a quicker deal with their major trading partners including China.
American farmers "are one of the casualties here with trade disruption," U.S. Agriculture Secretary Sonny Perdue told the cable news cnn recently.
"I've told the President -- and the President understands -- you can't pay the bills with patriotism. We know that, and certainly he knows that. That's why he's trying to supplement the damage they're having from trade disruptions with market facilitation," Perdue said.
Over the last decade, China's purchases of U.S. soybeans have averaged annually 11.3 billion U.S. dollars in sales, showed official data. In 2018, soybean exports to China totaled 3.1 billion dollars, a drop of nearly 75 percent from 2017.
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