Re:Dear American Consumers: Please don’t start eating health...
by jcampbell1 on Monday May 20, 2013 @11:38PM
(#5741766)
> Got any source for that?
Sure: http://www.ers.usda.gov/data-products/food-expenditures.aspx...
Download Table 7 (Food expenditures by families and individuals as a share of disposable personal income), and you will see a steady march from 24% of disposable income to 9%.
Re:Dear American Consumers: Please don’t start eating health...
by randomdata on Monday May 20, 2013 @11:08AM
(#5738045)
As a quick data point, corn was $1.32/bu. in 1970. Adjusted for inflation, that would be close to $8 today. Current price is $5.16. That does indicate a downward trend in prices, and I expect you will see similar trends for other food commodities.
Got any source for that?
I worked for 3 years in a European Union Scientific project (FP7) of Rural Development and Agriculture in 6 countries (Germany, Czech Republic, UK, France and Bulgaria). The findings we got (including direct interviews with farmers, Eurostat data and other panel data) contradict your claim.
Specially if we consider that one of the main requirements of food is land (either for crops, trees or pasture for animals), and if anything, fertile land is getting more expensive.