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

Author

Listed:
  • Gray, Leo R.
  • MacPherson, Donavon D.
  • Phillips, Victor B.

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.

Suggested Citation

  • Gray, Leo R. & MacPherson, Donavon D. & Phillips, Victor B., 1961. "Prices and Price Spread for Beef, Eggs, and Fluid Milk in Selected Markets of the United States and Europe," Miscellaneous Publications 319953, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uersmp:319953
    DOI: 10.22004/ag.econ.319953
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    File URL: https://ageconsearch.umn.edu/record/319953/files/ERS-37.pdf
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    Cited by:

    1. Gray, Leo R. & Willis, Ruby J., 1962. "Prices and Price Spreads for Eggs, Frying Chickens, and Turkeys in Selected Cities, 1956-61," Miscellaneous Publications 319980, United States Department of Agriculture, Economic Research Service.

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