Impact of Changes in Major Grain Prices and Costs on Farmers' Income: An Empirical Analysis in Gongyi City

Abstract

As the main group engaged in agricultural production in a country, farmers are responsible for the diet of countless citizens, and their interests undoubtedly need to be protected. Therefore, this article aimed to study the impact of changes in food prices on farmers' income and analyze the relationship between the two. Moreover, this article took the actual income of farmers in Gongyi City, Henan Province as an example to conduct a more detailed case analysis of the relationship between the two. At the end of this article, by comparing the relative price indicators of grain and the proportion of grain income in Gongyi City, it was concluded that there is a certain binding relationship between the two.