Farm Share of U.S. 'Food Dollar' Slips Again

March 22, 2017 01:52 PM
 
Farm Share of U.S. 'Food Dollar' Slips Again

The share farmers receive for farm commodity sales for domestically produced food fell in 2015, the last year such data is available. On average, farmers receive 15.6 cents on each dollar consumers spend on food, according to recent reporting from USDA’s Economic Research Service (ERS).

The amount – also referred to as “farm share” – sank to its lowest level in a decade after four straight years of decline, according to ERS.

ERS uses input-output analysis to determine both the farm and marketing shares from a typical “food dollar,” which includes food purchased from grocery stores, restaurants, coffee shops and other “eating out” places.

“The drop in farm share also coincides with four consecutive years of increases in the share of food dollars paying for services provided by the foodservice industry,” ERS notes. “Since farmers receive a smaller share from eating out dollars, due to the added costs for preparing and serving meals, more food-away-from-home spending will also drive down the farm share.”

2017 Farm Share of U.S. 'Food Dollar'

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Spell Check

Kenn
Craigville, IN
3/23/2017 07:06 AM
 

  Farmers don't raise food. They raise livestock feed and food ingredients. Even if you raise livestock, that is not food. Nobody picks up a cow from a farmer and takes it home to eat it. Nobody eats a pig. They eat sausage and ribs and roasts. Nobody eats wheat. They eat bread or pasta. Someone converts that "ingredient" into a consumer ready form. So unless you are raising arugala or carrots or peppers or squash or something that a consumer can actually eat, don't complain about your share of the food dollar. You don't raise food. If you don't like that, then do something about claiming more of a share of that food dollar. There is a lot of it left for a farmer to claim. Yes, it does require investment. Yes, it does require work (a lot of it). Yes, it does require marketing and customer contact. But there is a lot of that food dollar left to claim. Apparently, it is a lot easier to sit in the cab of the combine or spray rig or tractor driving the feed cart, or pushing buttons (or having the computer do it) to run the feed augers and just complain about how you should have more of the food dollar.

 
 

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