The cattle producer's share of the retail spend on steaks and mince has indeed come back but it looks very good compared to the grain grower's take of the bread dollar.
Grain producers take a share of the retail dollar far less than their animal product colleagues.
Grain Producers Australia's submission to the current Australian Parliament's Agriculture Committee food security inquiry quotes United States National Farmers Union data showing the farmer receives just 20c of the $4.19 paid for a loaf of bread. That is less than 5pc.
For a $12 six-pack of beer, the farmer gets just 7c.
"It is not unrealistic to expect similar numbers derived from the retail dollar, paid to Australian grain producers through the local supply chain," the GPA submission said.