Food Costs: Retail Prices, Farm Prices, Marketing Spreads

Economic Research Service

No 312507, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Excerpts from the report: This publication summarizes the major trends through 1965 in farm and retail prices of food, marketing charges, and the relation between food costs and consumer income. It shows, for example, that marketing charges have increased since 1947. But prices received by farmers for food products have declined. Retail food prices have increased less than many other consumer prices. Prices marketing firms pay for goods and services have risen steeply. But improvements in efficiency of marketing firms have kept their costs from rising as much as prices. Gains in output of marketing services per man-hour have held the rise in labor costs per unit of product to about one-third the rise in employees' hourly earnings.

Keywords: Crop Production/Industries; Demand and Price Analysis; Livestock Production/Industries; Marketing; Production Economics (search for similar items in EconPapers)
Pages: 20
Date: 1966-08
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:312507

DOI: 10.22004/ag.econ.312507

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