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Sept 14 Price Spreads and Disappearance(2)

Sept 14 Price Spreads and Disappearance(2) -...

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Farm to Retail Price Spreads and  Disappearance (Consumption) 9/14/10  AEC 305, Food and Agricultural Marketing Principles AEC 305, Food and Agricultural Marketing Principles Source:  USDA photo
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Measuring the Economic Importance of  the U.S. Food Marketing System Description: Value added after a good leaves the farm until it reaches the consumer Cost of resources to perform various marketing functions Quantitative Measures Contribution to GNP and Employment Consumer Food Expenditures vs. Farm Value Marketing bill Market basket Farm-Retail Price Spreads AEC 305, Food and Agricultural Marketing Principles AEC 305, Food and Agricultural Marketing Principles Farmers Middlemen” Consumers
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Factors Affecting Farm to Retail  Food Price Spreads Degree of processing/marketing services Bulkiness/perishability Degree of competition Changes in marketing costs Changes in commodity prices   AEC 305, Food and Agricultural Marketing Principles AEC 305, Food and Agricultural Marketing Principles
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U.S. Corn Prices AEC 305, Food and Agricultural Marketing Principles AEC 305, Food and Agricultural Marketing Principles How did this impact the price of products that use corn?
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)     Higher corn prices increase animal  feed and ingredient costs for  farmers and food manufacturers,  but will consumers undergo the  same sticker shock at the grocery  store? www.ers.usda.gov/AmberWaves/Scripts/print.asp?page=/February08/Features/CornPrices.htm Corn Prices Near Record High,  But What About Food Costs? Source:  Amber Waves/ERS/USDA, Feb. 2008   AEC 305, Food and Agricultural Marketing Principles AEC 305, Food and Agricultural Marketing Principles Source:  USDA photo   For Exam I: Read section on “Impacts Extend  to Meats Through Higher Feed Costs”
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Marketing Bill Components Source:  www.ers.usda.gov/Amberwaves/February04/Indicators/BehindData.htm
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Impact of the Higher Corn Prices (farm-level) on  the Price of Consumer (retail) Products that Use  Corn as an Input (ingredient)   The classic example is a box of corn flakes. (Feb 2008 USDA report) “When field corn is priced at  $2.28  per bushel (the 20-year average), the 
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  • Spring '10
  • Dr.WilliamM.Snell
  • Melon, Muskmelon, Agricultural Marketing Principles, Food and Agricultural Marketing Principles

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