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Wednesday, March 21, 2012

Do you know: Where your food dollars go?


Did you know that farmers and ranchers received only 16 cents on average out of every retail dollar spent on food that was eaten at home and away from home in 2011? In 1980, farmers received 31 cents out of every retail dollar spent on food in America.

Off-farm costs (marketing expenses associated with processing, wholesaling, distributing and retailing of food products) account for 84 cents of every retail dollar spent on food in 2011.

(Information from publication found here)

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