@article{Gale:307320,
      recid = {307320},
      author = {Gale, Hazen F.},
      title = {The Farm Food Marketing Bill and Its Components  },
      address = {1967-01},
      number = {1473-2020-1077},
      series = {Agricultural Economic Report No. 105},
      pages = {63},
      year = {1967},
      abstract = {Excerpts from the report Summary:  Consumer expenditures  for  food products originating from domestic farms were  estimated at $78 billion in 1965.  Payments to agencies for  marketing these products were $52 billion and returns to  farmers were $26 billion.  The total marketing bill of $49  billion in 1963 was made up of the following agency  components:  Processors, $19 billion; retailers (including  eating places), $22 billion; and assemblers, transportation  agencies, and wholesalers, $8 billion (the latest available  data).  The farmer's share of consumer expenditures  declined from 42 percent in 1929 to 32 percent in 1963,  although it had risen to 46 percent in 1947.  The slower  increase in farm prices relative to unit marketing charges  during 1929-63 was partly offset by a shift from  consumption of products with a low farm share to products  with a high share.  During 1939-47, practically all farm  prices rose considerably faster than corresponding unit  marketing charges.  After 1947, marketing charges rose  steadily; farm, prices declined about 20 percent during  1951-59 and remained relatively stable during 1960-64.},
      url = {http://ageconsearch.umn.edu/record/307320},
      doi = {https://doi.org/10.22004/ag.econ.307320},
}