Farm income across the country is not keeping up with the rising costs of groceries. Many consumers also don’t realize that higher prices don’t lead to greater farm profits, especially since farmers are also paying for groceries themselves. Terri Moore, vice president of communications for the American Farm Bureau Federation, said farmers only receive a very small share of each dollar spent on food.
Moore said there are concerns that consumers think farmers are getting rich off of the high grocery prices, but that isn’t the case.
While there’s no “silver bullet” to fix the ag economy, Moore said there are some steps that can be taken.
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