grocery prices

Senate Democrats are urging the Federal Trade Commission to investigate the proposed merger between Kroger and Albertsons.  They are concerned about the transaction's potential implications for consumers.   The group of lawmakers includes Minnesota's Amy Klobuchar, Connecticut's Richard Blumenthal and New Jersey's Cory Booker.  In a letter ...

The United Nations’ Food and Agriculture Organization says food prices dropped 1.1% from August to September, marking the 6th straight monthly decline.  The drop in the Food Price Index was driven by a sharp fall in the international prices of vegetable oils and moderate decreases in those of sugar, meat, and dairy products.   Togeth...

Overall, food prices increased by an average of 3.9% in 2021 compared to 2020, the highest annual increase since 2008. USDA's Economic Research Service released new data Wednesday that shows food prices grew more slowly than "all items," but more quickly than all other of the "major groups" tracked by the U ...

Despite all of the hopes and prayers, the challenging economy farm country has experienced over the past couple of years continues into 2022. But Steve Nicholson with Rabobank said agriculture has weathered the storm without the damage once feared when the pandemic started, and many restaurants shut down for a time ...

World food prices rose during January and remained near ten-year highs. The United Nation’s Food and Agricultural Organization vegetable oils pushed prices higher. According to Reuters the Food Price Index tracks the most globally-traded food commodities. The ...

When purchasing meat at your local grocery store, you've probably noticed that prices have ticked higher over the last 18 months. "That's not going to slow within 2021," said USDA Economist Carolyn Chelius. She added compared to this time one year ago we're paying 12% more for beef, over 6% more for poultry, and almost 10% more for pork ...

Retail food prices have increased 1.6% in the first six months of 2021, less than the rate over the same period last year. The Department of Agriculture’s Economic Research Service (ERS) said the 2021 increase is equal to the historical average over the same six months from 2000 to 2019. I ...

The USDA anticipates when we close the books on 2020, food shoppers will see a year-over-year grocery price increase between 2.5%-3.5%. But, when it comes to the 2021, USDA anticipates some wild swings, and unpredictability. Why? USDA Economist, Carolyn Chelius blames the supply chain disruptions this year ...

A recent survey finds grocery shoppers are looking for bargains, and half of consumers fear empty grocery shelves. Marketing agency Acosta says 53% of shoppers say product availability is a top priority. The American Farm Bureau Federation last week reported beef and pork supply chains are recovering from the pandemic panic buying ...

Gary Crawford says there is better news to report for food shoppers. He says it appears grocery store food price inflation is cooling down, at least compared to the 2.7% hike reported in April, the largest monthly increase in 46 years. USDA is currently forecasting food at home prices for the year to average 2%-3% higher than last year, but a new forecast is due out June 25th ...