Food Prices and Why

Economic Research Service Marketing Economics Division

No 320528, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Excerpts from the report: Retail prices of food, excluding seafood and imports, were 15 per cent higher in 1963 than in 1947-49. How come—when farmers got 15 per cent less? The answer is a 44 per cent increase in marketing costs. At war's end, farmers got over half of every retail dollar. Today they receive just over one-third. The rest goes to process, package, transport and distribute the food the farmer grows,

Keywords: Demand and Price Analysis; Labor and Human Capital; Marketing (search for similar items in EconPapers)
Pages: 6
Date: 1964-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:320528

DOI: 10.22004/ag.econ.320528

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