I have been meaning to do a post on the recent report from USDA’s Economic Research Service about the farmers’ share of the food dollar, but I just can’t top the simplicity of a post that NCGA’s Ken Colombini did on Corn Commentary, which he titled “The 88% Solution.” It just says it all.

The USDA now tells us that farms and agribusinesses represent less than 12% of each food dollar. When will folks start looking at the other 88% as a possible cause of higher food prices?

More information here from the USDA.