Farmers share of food dollar slips to 37.6 cents in Octob er
The Agriculture Department reports the farmer's share of the consumer food dollar fell to 37.6 cents in October, the lowest since January 1971, with declines in hogs poultry eggs wheat and oilseeds while lettuce prices rose. Middlemen's slice grew 1.9 percent from September to October and beef and pork prices eased to near multi month lows.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
Henry T. Badger
Department’s Economic Research Service
Department
Beef and Hog Prices Near Peak as 1977 Forecasts Rise
Missouri extension economist Glenn Grimes warns cattle prices may rise through 1977 with possible gains into 1978, while hog prices stay low due to high slaughter rates. Beef retail prices also edge upward, with no signs of returning to 1975 levels.
MENTIONED IN THIS ARTICLE
USDA
Columbia
Glenn Grimes
University of Missouri- Columbia
Grimes
Omaha
Missouri
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