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Nearly Half Of Consumer Dollar Going To Farmer
The July farm share rose to 41.1 cents of every consumer food dollar from 40.6 cents in June as higher hog, chicken, egg and fresh vegetable prices lifted farmers’ income. Cattle prices fell, hinting at a possible drop in the farm share in August. The market basket cost 1,322 dollars with farmers getting 544 and middlemen 778. The USDA pegs 1972 turkey production at 128.4 million, led by Minnesota with 20.7 million. California 17.5 million, North Carolina 12.4 million, Missouri 10 million. A ban on imports of live pet and exotic birds aims to curb Newcastle disease.
MENTIONED IN THIS ARTICLE
USDA
Omaha
Agriculture Department
U.S