Posts in American Farm Bureau
Farm Bureau: Food & Ag Generate 20% Of US Economic Output

Each year, the Feeding the Economy report provides one of the most comprehensive looks at the full economic footprint of U.S. food and agriculture. While often discussed in terms of farm receipts or commodity production, the report highlights a much broader reality: agriculture is not just a sector, it is a foundational driver of economic activity that supports millions of jobs, trillions in output and significant tax revenue across every state.

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Farmer Share of Food Dollar Shrinks

In another sobering reminder of the economic challenges facing America’s farmers and ranchers, new data show that farmers’ share of the money consumers spend on food continues to shrink, even as expenses rise. The latest Market Intel from American Farm Bureau Federation economists shows that in 2024 farmers and ranchers received a combined 5.8 cents of every food dollar after accounting for expenses, down from 5.9 cents in 2023. 2024 is the latest available data from USDA.

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