The average American spends just over 10 percent of disposable income on food, the lowest in the world. An average of 5.8 percent is spent on food eaten at home and 4.1 percent is spent on food eaten away from home.
When applied to calendar days, the average American earns enough income to pay for their annual food supply in just seven weeks.
By comparison, the average American works until mid-April to pay for annual taxes. That’s seven weeks for food, and over three months for taxes.
The bottom line is this: Because our farmers provide us with affordable food, we have more money to spend on other things, which boosts our whole economy and quality of life.
The Logan County Farm Bureau Federation conducted a “Food Check-Out Day” Feb 20th at the Piggly Wiggly Grocery Store in Russellville and at the Minit Mart in Auburn.
At each location Farm Bureau volunteers had customers guess the value of a typical basket of groceries. A fifty dollar gift certificate for first place and a twenty five dollar gift certificate for second place was awarded at each store..
Debbie Browder won first place with a guess of $120. and Joyce Barker won second place with a guess of $125. on a basket of groceries worth $121.08 at the Piggly Wiggly store in Russellville. Bobby Dawson and Dwight Grise conducted the event at this location.
The first place winner at the Minit Mart in Auburn was Michael Gregory with a guess of $123 and Josh Thomason won second place with a guess of $120. on a basket of groceries worth $123.31. Jerry Hughes, Will Hughes, Carrell Hughes and Tabitha Robertson conducted the event at this location.