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Farm to retail price spread
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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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
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