Close to 7 cents of the U.S. food dollar is value added by U.S. farms
For a typical dollar spent in 2011 by U.S. consumers on domestically produced food, 15.5 cents represents the farm share, or value added at the farm gate. The farm share includes the value added by the farmer; services and supplies from agribusinesses; and farm-level inputs from nonagribusiness industries. For example, the energy industry supplies natural gas to agribusinesses producing nitrogen fertilizers used on U.S. farms, and the finance and insurance industry supplies financial services to U.S. farmers. Nonagribusiness industries accounted for 4.6 cents of the farm share in 2011, and agribusinesses added 3.0 cents of value.