Why Replace the Marketing Bill Series?
The food dollar series replaces ERS's marketing bill series. The new approach to assessing what our food dollars pay for is superior to the former approach in several key ways:
- The quality, timeliness, and completeness of the new source data ensure that a complete accounting of the entire food system is derived from a single consolidated data source;
- A precise approach to measuring and reporting the cost components of the entire food dollar in the new series avoids the potentially confusing divisions of the previous marketing bill series; and
- The new food dollar series provides a more complete accounting of the modern global food system.
See A Revised and Expanded Food Dollar Series: A Better Understanding of Our Food Costs