Statement of Albert Rees Before the Subcommittee on Domestic Marketing and Consumer Relations Committee on Agriculture House of Representatives

by Albert Rees on June 10, 1975
by Albert Rees

Mr. Chairman and Members of the Subcommittee:

We are pleased to be here in response to your invitation to discuss farm-retail price spreads and related issues in food marketing and to present the views of the staff of the Council on Wage and Price Stability on these issues. I am accompanied this afternoon by Professor Richard King of North Carolina State University who is a consultant to the Council. To introduce the subject, let me quote from a U.S. Department of Agriculture study published five years ago:

“Farmers, consumers and the federal government have long been concerned about the spread or difference between the prices consumers pay for food and the prices farmers receive. Consumers have often attributed rises in food prices to increases in marketing cost, and characteristically farmers have believed that prices they receive for

farm products are unnecessarily low because ‘marketing costs too much’.”

 View Complete Document as PDF    Share Share    Print Print    Email Email

Previous post:

Next post: