You probably don't think twice about throwing out food that has gone bad. That lonely stalk of celery, the odd russet potato, the last two slices of meatloaf... But turn that food you just threw away into money, that might make you think twice. Food waste is a HUGE problem in the US. According to the USDA, up to 40% of food in America is wasted. That equates to 133 billion pounds (218.9 pounds) or $161 billion. YIKES!!