The rise in use of grains for feed provides affirmation of how consumers are using their newfound gains in living standards to increase consumption of meat and poultry.
The USDA places food waste at 30% to 40%, which relates to 133 billion lbs. of food that never makes it into stomachs from retail food stores, restaurants and homes.
The decrease in food processing’s share of the food dollar is accompanied by similar, but mostly smaller, declines in the farm share, in packaging, in transportation and in the retail trade.