These challenges could diminish farm production, squeeze profits, and lead to higher prices for consumers. “There is real concern in rural New York about federal cuts, tariffs and labor shortages,” said DiNapoli. “New York’s farms are a vital part of the state’s economy and our local food supply, and we need policies that strengthen, not undermine their production and that lower, not drive up, prices in the grocery store.”Agriculture is an important part of the state’s economy. New York’s 30,650 farms contributed nearly $3 billion to the state’s gross domestic product in 2022 and employed or supported 163,148 jobs in 2019. However, DiNapoli’s report identified impacts to the financial viability of family farms in the state from recent federal actions.