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Shining Light on Farm & Food Policy for 20 Years.
Sunday, August 18, 2024
USDA economists are increasing their estimate of food price inflation this year and for 2023, saying that prices will rise more slowly next year but still above the historical average.
Grocery prices jumped another 1.3% in July, led by continued increases for dairy products, baked goods and other items, and are up 13.1% over the past year, the largest increase in supermarket costs in more than 43 years.
Supermarket prices shot up a seasonally adjusted 1.4% in May, led by soaring costs for dairy products, and have risen 11.9% over the past 12 months, according to the latest Consumer Price Index.
A months-long outbreak of highly pathogenic avian influenza is adding to the shock waves roiling grocery prices, but different food items are experiencing disparate impacts.
The Senate returns to work this week with key elements of President Joe Biden’s climate agenda in peril, while the Supreme Court decides whether to hear several cases important to agriculture, including the latest challenge to California’s Proposition 12 standards for hog and poultry production.
Massachusetts is delaying implementation of new animal welfare standards until the summer while reworking and expanding the requirements for laying hens.
The California departments of food and agriculture and public health accepted oral public comments regarding their proposed actions for the implementation of Proposition 12 last week, following a request to hold such a hearing after the 45-day window for written comments closed on July 12.
Propelled by surges in sales to China, Mexico and Cuba, U.S. exports of chicken and eggs are at a record pace after the first six months of 2021, and a new analysis released Wednesday by the U.S. Poultry and Egg Export Council says trade is expected to continue strong through the rest of the year.
The Biden administration plans to re-issue tougher standards for livestock and poultry production that will end the egg industry’s practice of using porches to provide hens with access to the outdoors.