Definition of Farm to retail price spread

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TeachMeFinance.com - explain Farm to retail price spread



Farm to retail price spread

The term 'Farm to retail price spread ' as it applies to the area of agriculture can be defined as ' The difference between the farm price and the retail price of food, reflecting charges for processing, shipping, and retailing farm goods. The current spread accounts for about three-fourths of the retail price for a market basket of foods, according to USDA. The farm value accounts for about 51% of the retail cost of eggs, compared to 19% for processed fruits and vegetables'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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