Developments in Marketing Spreads for Food Products in 1978

Denis Dunham

No 307697, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Retail food prices were 10 percent higher in 1978 than in 1977. The largest increases were for red meat and fresh fruits and vegetables, up 19 and 14 percent, respectively. Higher farm values for food commodities, up 16 percent, accounted for half of the increase in grocery store food prices last year. The spread between farm and retail prices (representing charges made for processing and distributing foods after they leave the farm) was up 8.2 percent and accounted for 40 percent of the food-price increase. Higher prices for fish and imported foods accounted for 10 percent of the increase.

Keywords: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Marketing; Production Economics (search for similar items in EconPapers)
Pages: 55
Date: 1979-03
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307697

DOI: 10.22004/ag.econ.307697

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