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Shining Light on Farm & Food Policy for 20 Years.
Monday, October 21, 2024
The cost of groceries rose 0.1% for the second month in a row in July, led by increases in the cost of beef, eggs, milk and fresh produce. Consumers continue to see significantly more inflation when they're eating out.
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.
President Joe Biden took on food companies over pricing and forcefully challenged Republicans and Donald Trump over the border, the economy, China and other issues in the last State of the Union address of his term.
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.
Supermarket prices ticked up 0.3% last month, driven by a jump in the cost of beef as well as increases for some fruits, vegetables and dairy products, according to the monthly Consumer Price Index.
If you think hiring good employees for food and agricultural jobs is difficult now, the data doesn’t indicate it’s going to improve anytime soon. Understanding generational differences in today's labor makeup will help ag companies weather the tight labor market.
Shoppers saw more relief at the grocery store in April as prices fell another 0.2%, driven by declines in dairy products, pork, eggs, and some fruits and vegetables.
The California Strawberry Commission estimates about 20% of strawberries in the Monterey Bay region south of San Francisco are flooded after March storms.
Agriculture Secretary Tom Vilsack will announce a new round of projects today that will test approaches to developing and marketing low-carbon commodities.
