The increasing cost of food

Reply Mon 10 Mar, 2008 07:45 am
Originating from Penn state university this brochure details why food is iincreasing in price.



Several interesting stats here.

1. the USA has the cheapest food in the world

2. only .19 cents of every dollar actually makes it back to the farm gate

3. Wheat is currently (2005) 3.42 US a bushell. If wheat had kept pace with inflation it would be worth $16.21

4. US consumers can eat three servings of fruit and four sevings of vegetables for as little as .64 cents per day
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Discussion • Score: 1 • Views: 2,017 • Replies: 1
No top replies

Reply Mon 10 Mar, 2008 07:58 am
The OECD estimates that the monetary value of taxpayer assistance (farming subsidies) to support wheat products in australia was equivalent to 4% of gross farm income in 2004

In comparison European farmers received assistance equal to 42% of their gross income.

For Candian producers this figure was 13% and for US producers the figure was 32%.

Source ABARE an independant Australian and NZ economic research agency.

What this means is that your tax dollars are being used to prop up farms and farm income.
0 Replies

Related Topics

Quiznos - Discussion by cjhsa
Should We Eat Our American Neighbours? - Question by mark noble
Favorite Italian Food? - Discussion by cjhsa
The Last Thing You Put In Your Mouth.... - Discussion by Dorothy Parker
Dessert suggestions, please? - Discussion by msolga
  1. Forums
  2. » The increasing cost of food
Copyright © 2023 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 02/03/2023 at 04:36:42