Shining Light on Farm & Food Policy for 20 Years. Monday, January 13, 2025

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Agri-Pulse Newsmakers: Jan. 10, 2025: John Newton on farm aid payments, ag trade

Congress passed nearly $10B in farm market relief and $21B of disaster aid earmarked for agriculture in the December American Relief Act. John Newton, executive head of Terrain, breaks down who will receive the most from the payments and how ag exports markets may adjust in the future based on global population change.

Then, OFW Law’s Phil Karsting and Sharon Bomer Lauritsen of AgTrade Strategies LLC discuss how Trump’s tariff threats, if carried out, could force the U.S. to shift ag export markets.

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Ag By The Numbers

Breaking down spending of the 2023 food dollar

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New data from USDA shows how much of the 2023 food dollar goes towards farm production.

This chart breaks down the spending of the 2023 food dollar. According to USDA, about 9 cents goes towards farm production. But the farmers’ share varies depending on what they produce. Farmers get a bigger share of what shoppers pay for meat, for example.

The largest share of the overall food dollar, about 26 cents, go to food services, retail trade like grocery stores and restaurant supply stores and wholesale trade.

Both wholesale and retail trade shares went down on a yearly basis but they are both above average going back to the mid 90’s.

To learn more about "Map it Out" and "Ag By the Numbers," check out our Newsmakers show.