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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, December 18, 2024
Consumers are significantly less likely to say that the U.S. has an affordable food supply than they were two years ago, according to a new consumer survey.
House Republicans step up their latest effort to cut domestic, non-defense programs this week as they release the fiscal 2024 spending bill to fund the Agriculture Department and Food and Drug Administration.
The cost of eating at home fell 0.2% in April after supermarket prices were flat for two straight months, helping offset continued inflation in housing and energy costs.
The cost of eating at home was unchanged for the second straight month in March as lower prices for dairy and grain products offset higher costs for beef, pork, chicken and eggs.
USDA is struggling to manage sugar supplies amid soaring domestic and international prices and a drought that continues to devastate Mexican growers, slashing the amount they can export to U.S. food and candy manufacturers.
Supermarket prices were broadly steady in February as lower costs for dairy products, fruits, pork and chicken offset increases for beef, eggs, sugar and other products.
The UN Food and Agriculture Organization’s index of global food commodity prices eased again in January, led by lower prices for grains and meat, and is down 10.4% from a year ago.
Grocery prices rose just 0.1% in December for the second month in a row and are up 1.3% year over year as food inflation continues to moderate, according to the latest Consumer Price Index.