Author

Madison McVan

Madison McVan is a Report for America corps member who covers economic mobility for Minnesota Reformer. She previously covered agriculture for Investigate Midwest after graduating from the University of Missouri in 2020 with degrees in Journalism and Latin American studies.

Farm profits reached new heights last year, but are expected to drop in 2023

By: Madison McVan - September 14, 2023

As food prices rose around the country, so did farmers’ take-home pay. Net farm profits rose by 30% from 2021 to 2022, according to recent data from the U.S. Department of Agriculture. At the same time, food prices inflated by more than 10%. The USDA predicts farm incomes will drop by about 20% in 2023 […]

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