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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, December 18, 2024
The price consumers paid for groceries jumped 1.4% in February, helping to drive an overall increase in the Consumer Price Index of 7.9% over the past 12 months, the largest in 40 years, the Bureau of Labor Statistics reported Thursday.
Republicans on the House Agriculture Committee are raising concerns the Biden administration is putting too much emphasis on promoting climate-related ag practices, with one GOP member suggesting the policy was increasing food prices.
Higher prices for meat and other foods are helping fuel the inflation that is pinching consumers. Supermarket prices rose 0.8% in June, driven by a 2.5% increase for meat, poultry, fish, and eggs. Beef prices rose 4.5% last month.
The average cost for an Independence Day party of ten rose just 11 cents compared to last year, according to an annual survey by the American Farm Bureau Federation.
WASHINGTON, Sept. 25, 2017 - Bacon led the pack in price increases for some commonly purchased food items included in the American Farm Bureau Federation’s Fall Harvest Marketbasket Survey.
WASHINGTON, July 12, 2107 - Global food commodity prices rose in June, led by wheat and meat prices, according to the FAO Food Price Index compiled by the U.N.’s Food and Agriculture Organization (FAO).
WASHINGTON, Mar. 8, 2017 - Does subsidizing farmers lower food costs? Modern farm programs aren’t supposed to affect farmers’ production decisions, and it’s been hard for policy makers to argue that farm programs save consumers money.