Chew on this: Rising food costs higher than you think
July 30, 2008
Add up the portion of agricultural fuel use that is paid for with our taxes ($22 billion), direct Farm Bill subsidies for corn and wheat ($3 billion), treatment of food-related illnesses ($10 billion), agricultural chemical clean-up costs ($17 billion), collateral costs of pesticide use ($8 billion), and costs of nutrients lost to erosion ($20 billion). At minimum that’s a national subsidy of at least $80 billion, or about $725 per household per year. And that’s on top of our already sky-high grocery bill.