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The Farm Food Marketing Bill

Author

Listed:
  • Findlay, Jeannette

Abstract

Excerpts from the report: The bill for marketing domestic farm-originated food products to civilian consumers in this country was $41.4 billion in 1961, up about 2 percent from 1960, compared with an average annual increase of 5 percent for the period since 1950. The bill has risen by almost three-fourths in the 11 years since 1950. Increases in volume of marketings and in marketing costs per unit of product have contributed almost equally to this rise. The total marketing bill is the estimated total cost of assembling, transporting, processing, wholesaling, and retailing domestic farm-grown foods bought by civilians in this country. It is the difference between total civilian expenditures for these foods and payments to farmers -- the farm value -- for the equivalent quantity of farm products. Explicitly omitted are foods exported, used for nonfood purposes, and withheld from sale by farm families for their own use. An estimate of the higher retail cost of foods purchased in meals eaten away from home is included in the marketing bill

Suggested Citation

  • Findlay, Jeannette, 1962. "The Farm Food Marketing Bill," Miscellaneous Publications 319938, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:319938
    DOI: 10.22004/ag.econ.319938
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