Thanks to the efficiency of the nations food producers, this Thursday will mark the day when the average Ameri-can family has earned enough income to pay for its entire years food supply. The occasion, which is sponsored by the American Farm Bureau Federation, is known as Food Check-out Day.
According to the USDAs Economic Research Service, Americans spend around 10.1 percent of their disposable income on food. To put it into content of just how inexpensive food is in the United States, it will take the average American until April 20 to earn enough income to pay all of their tax responsibilities, known as Tax Freedom Day.
As consumers we all benefit from the efficiency and productivity of agriculture and the entire food production system, said Pat Petzel, director of promotion and education for the Ohio Farm Bureau Federation.
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