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Prices and Price Spread for Beef, Eggs, and Fluid Milk in Selected Markets of the United States and Europe

Leo R. Gray, Donavon D. MacPherson and Victor B. Phillips

No 319953, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Preface : The Economic Research Service, U. S. Department of Agriculture, conducts broad program of research designed to help meet a need for public information on farm-to-retail price spreads for food. This report is based on research studies of price spreads for beef, eggs, and milk in the United States and in member countries of the Organization for European Economic Cooperation. Price spreads are used as a basis for comparing efficiency among countries in the marketing of animal products. Farm-to-retail price spreads and retail prices are compared on the basis of dollar amounts and of equivalent labor-time requirements. The farm-to-retail price spread is the difference between the retail price of a product and its farm value--the payment to farmers for an equivalent quantity of farm products. Components of the farm-to-retail price spread used in this report are: (1) Retail-store price spread--the difference between the price to consumers in retail stores for a product and the price paid by retailers; and (2) farm-to-retailer price spread--the difference between the price paid by retailers for a product and its farm value.

Keywords: Agricultural and Food Policy; Demand and Price Analysis; Labor and Human Capital; Livestock Production/Industries; Marketing (search for similar items in EconPapers)
Pages: 24
Date: 1961-12
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:319953

DOI: 10.22004/ag.econ.319953

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