consumer prices

The Meat Institute sent a letter to President Trump to provide strategies to reduce burdensome regulations and address meat prices for consumers.  The letter included a list of recommended actions for the administration to take, including rescinding the final rule under the Packers and Stockyards Act put in place in March 2024.  Paired ...

A new survey finds consumers expect to pay more for groceries this year.  Progressive Grocer reports the 2023 KPMG Winter Consumer Pulse Survey shows consumers anticipate increased prices, but are looking for ways to save money.  The Survey shows consumers expect a 15% increase in grocery spending this year.  Meanwhi...

The Consumer Price Index rose 0.4% in February on a seasonally adjusted basis, after increasing 0.5% in January.  Over the last 12 months, the all-items index increased 6.0% before seasonal adjustment.  The food index increased 0.4% in February, and...

The past two years have been challenging for potato growers across the Pacific Northwest.  Last year, the growing and planting season was delayed thanks to a late spring snow storm that dumped several inches of snow in several locations.  An...

According to the Consumer Price Index, consumer prices for wheat-based products were up substantially in 2022 compared to 2021.  ERS reports that the prices of various wheat products were up more than 10% from 2021.  The increase outpaced the inflation rate in the broader "all food" category, which was up 9.9%, more than ...

The Consumer Price Index increased 0.1% in August on a seasonally adjusted basis after being unchanged in July.  The Bureau of Labor Statistics reported this week increases in the shelter, food, and medical care indexes were the largest contributors to the broad-based monthly all items increase.  The foo...

Consumer prices for cereal products as measured by the Consumer Price Index rose about 11% from January through June of 2022 compared to the same time last year.  It’s the largest year-over-year increase during those six months since 1981.  The USDA...

As food prices continue to spike, President Biden is hopeful his antitrust push may help consumers. However, others argue too much spending and inflationary federal policies may mean no relief in the short term. President Biden recently said his antitrust efforts will boost competition in agriculture, helping more farmers while reducing food inflation, which is now up 3 ...