McMillan Farms has lost $400,000 so far this year due to heavy rains this season.
Owner Jimmie McMillan said that if the rain keeps up, the cotton will be destroyed and he'll be $1 million in the hole.
"This is the worst year we have had for all this wet conditions," said McMillan.
Rain has come, and washed the crops away.
"You can get you a cup of water out of this," said McMillan.
McMillan has been farming since 1961, and he said this is the first time he's ever been afraid of going out of business.
He has 500 acres of cotton, 350 acres of corn, 250 acres of peanuts, 350 acres of wheat and 150 acres of Oates – most of it, destroyed.
"Last year, this field here averaged about 1100 pounds of cotton to the acre and this year it'll be lucky if it averages 500 pounds," he said. "It's tough. And it's hard when you work the whole year and then don't know if you gonna be able to survive and go the next year."
McMillan said other farmers are in the same boat as he is.
"They don't know what they going to do," he said.
Hampton County's Farmers Service Agency met Tuesday to sign waivers for those who didn't get to plant their crops because of the saturated ground. They say more than 6,000 acres of crops didn't get planted this year.
"Last year we were begging for rain and this year it's been given to us," said Susanne Peeples, director of Emergency Management.
"We got too much. We got too much," said McMillan.
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