Plastic mulch films contribute to improved crop yield and quality for vegetable and small fruit cropping systems. Although the single-season agronomic performance of conventional polyethylene mulches and soil-biodegradable mulches (BDMs) are similar, over time BDMs can begin to break down during storage and subsequently not provide season-long soil coverage. In this study, the changes in physicochemical properties of BDMs were investigated over 3 years of indoor storage (2015–18) under ideal environmental conditions in two laboratories. Mulches evaluated were black, 20–40 µm thick, suitable for annual vegetable production, and included three BDMs: two polybutylene adipate terephthalate (PBAT)-enriched mulches that are commercially available in North America, an experimental polylactic acid (PLA) and polyhydroxyalkanote-based film, and a conventional polyethylene mulch as a control. Tensile properties, specifically peak load and elongation at maximum tensile stress, decreased during storage, particularly for the PBAT-based BDMs, indicating a loss of strength. During year 3 of storage, the tensile properties declined extensively, suggesting embrittlement. The average molecular weight of PLA and PBAT slightly increased during year 1, perhaps due to release of monomers or oligomers, and then decreased extensively during years 2 and 3 due to hydrolysis of ester bonds (confirmed by Fourier transform infrared spectroscopic analysis). The structural integrity of BDMs was assessed during years 2 and 3 of the study (2017–18) in field trials at the locations where they were stored, Knoxville, TN, and Mount Vernon, WA, for vegetable production. The degradation of the BDMs during the cropping season was higher in 2018 compared with 2017, suggesting that degradation of mechanical and chemical properties while in storage may have contributed to rapid degradation of mulches in the field. In summary, BDMs undergo degradation even under ideal storage conditions and may perform best if deployed within 2 years of their receipt date. The farmer should verify that proper storage conditions have been used before receipt and that manufacturing date precedes the receipt date by no more than 6 months.