Home / News / Policy news / New Food Dollar Reveals Farmers' Small Share

New Food Dollar Reveals Farmers' Small Share

CHERYL TEVIS 03/15/2011 @ 10:21am Cheryl has been an editor at Successful Farming since 1979.

The American farmers' share of the food dollar is shrinkingA recently released report by USDA states that only 11.6% of every dollar spent on food goes to the farmer.

USDA issues a food dollar series to measure annual expenditures by U.Sconsumers on domestically-produced foodThe new report called "A Revised and Expanded Food Dollar Series – A Better Understanding of Our Food Costs" updates the marketing bill series which has been discontinued.

"Only a small percentage of our food dollar actually pays for the production of the raw commodity itself," says Dick Gallagher, chairman of the Iowa Corn Promotion Board and a Washington farmer"I think it's easy to see that what you pay at the store has even less to do with the price of corn." 

CancelPost Comment
MORE FROM CHERYL TEVIS more +

Safety and Health to Go By: 09/17/2014 @ 10:39am Andy Winborn is ready to take ag health and safety on the road. He’s already on the…

Protect What Matters By: 09/17/2014 @ 10:24am Marsha Salzwedel wants fewer emails, but she needs farm families across the U.S. to help her…

Helping Rural Teens Gain Skills for a Better… By: 09/17/2014 @ 10:18am Today, there’s a push in several states to make more college classes available to more rural high…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
What is Hybrid Planting?