Make America More Ground Beef Faces Economic Reality
LUBBOCK, TX – A proposal branded “Make America More Ground Beef” is being promoted to […]
food prices
Food Inflation Driven by Climate, Disease and Tariff Costs
NASHVILLE, TN – Food-at-home prices rose 2.2% in July compared to a year earlier, according […]
Cheeseburger Ingredient Costs Jump Eight Percent Year-Over-Year
NASHVILLE, TN – The cost to make a home-prepared cheeseburger rose by 8.1 percent from […]
Blame the Bird for More Expensive Thanksgiving Meal
According to the latest American Farm Bureau Federation basket survey, holiday meals this season will be more expensive. Specifically for Thanksgiving, the traditional meal – centered around turkey – will average almost $47.
Food Price Inflation Expected to Remain Through 2026
Higher feed costs may contribute to slower meat production growth in the U.S. in 2022 and subsequent years. That’s just one prediction from the Food and Agriculture Policy Research Institute at the University of Missouri.
Despite Some Cost Declines, Food Prices Increase Again
According to the latest Consumer Price Index released by the U.S. Bureau of Labor Statistics, the food price index increased 0.7 percent in July after rising 0.8 percent in June.
Americas Food Bill Falls to 60 Year Low
According to the Economic Research Service, the amount of money the U.S. consumer invested in food last year during the coronavirus pandemic fell to the lowest share in 60 years.
Panic Buying Contributed to Higher Retail Food Prices
Grocery store prices were 5.6 percent higher in June 2020 than during the same month one year ago and increased for every category except fresh fruits.