Source: AGDAILY, 6/22/21


The average household spends 9.5 percent of their disposable income on food, and food prices have been rising for the past five years. However, for every dollar spent on food, a farmer receives only 7.6 cents. Despite rising food costs, farmers are predicted to lose 9.7 percent of total net income in 2021, according to the U.S. Department of Agriculture. Farmers are facing a difficult challenge with reduced income, more consumer demands, and very notably, reduced labor sources.

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