Agfact Day #17
It takes just 40 days for most Americans to earn enough money to pay for their food supply for the entire year. In comparison with the 129 days it takes the average American to earn enough money to pay federal, state and local taxes for the year.
Since U.S. Farmers and Ranchers are more efficient agriculture managers, utilize new technology, and work to improve production practice; U.S. consumers are able to spend only 10% of their income on food while the…
- French spend 18 percent,
- British spend 22 percent,
- Italians spend 23 percent, the
- Japanese spend 26 percent, and consumers in
- Indians spend up to 51 percent of their income on food.
Thank you to America’s Farmers and Ranchers for producing affordable, abundant food!