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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, January 29, 2025
Higher prices for eggs helped drive a 0.3% increase in the cost of groceries in December. Beef prices rose 0.5%, while chicken and pork prices were 0.3% higher.
Poultry farms in California, Utah, Oklahoma, Tennessee and much of the Midwest are seeing a resurgence of highly pathogenic avian influenza cases, sending egg prices upward in the holiday season.
The cost of groceries was flat in August as lower prices for vegetables, grains and baked goods helped offset price increases for beef, poultry, eggs and dairy products.
Food prices are on track to return to normal levels this year, as consumers can expect to see softened food-at-home costs after years of high inflation pushing prices up, economists project.
A federal jury in Illinois has found two large egg producers and trade associations liable for conspiring to restrict supply and drive up egg prices, in a dispute the judge in the case said pitted “the nation’s egg makers against its egg breakers.”
Supermarket prices rose 0.1% in September as the increased cost of beef, pork and milk masked price declines in many other products. It was the smallest increase in the cost of eating at home since June.
Supermarket prices increased slightly for the second consecutive month and are up 3% over the past year, led by a 6% hike over the past 12 months in the cost of bakery products, the Bureau of Labor Statistics reported Wednesday.
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.