meat prices

Minor month-over-month adjustments were recorded in USDA's August look at meat production at prices for 2024.   “The overall story hasn't changed much from last month, and several of the previous months going back a while,” noted World Agricultural Outlook Board chair Mark Jakanowski.  He said that was re...

The February FAO Food Price Index averaged 131.2 points in January 2023, down 1.1 points, or 0.8%, from December, marking the 10th consecutive monthly decline.  With this latest decline, the index has fallen 28.6 points, 17.9%, from its peak in March 2022.  ...

The FAO Food Price Index averaged 135.9 in October, virtually unchanged from September.  The UN’s Food and Agriculture Organization says a higher Cereal Price Index countered drops in the indices for vegetable oils, dairy, meat, and sugar.  With the late...

President Joe Biden and Agriculture Secretary Tom Vilsack met with farmers and ranchers at the White House Monday to announce a meat supply chain action plan. The plan includes four core strategies for creating what the Administration calls a more competitive, fair, resilient meat and poultry sector, with better earnings for producers and more choices and affordable prices for consumers ... Read M

USDA Chief Economist, Seth Meyer, said consumers are watching what he calls an "impressive run" on meat prices. "We had really fantastic meat demand in the United States. 2020 was a record high or capita use. So domestic consumption of meat was record high in 2020 ...

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 ...

Last week, the White House hosted a press conference featuring Ag Secretary Tom Vilsack and Brian Deese, the Director of the National Economic Council, to discuss the meatpacking sector. Both Vilsack and Deese talked specifically about the impacts of a highly concentrated meatpacking sector for American producers and consumers ...

According to USDA chief economist, Seth Meyer, several upcoming USDA reports will compliment information released from the June Meat Production, export, and Price Forecast. "On the pork side some big $3 cwt increase for 2021 and that just reflects what we've observed about really great domestic demand and really great export demand ...

This year’s grilling season rally is higher than normal, fueled by vaccine availability, stimulus checks and the opening of ballparks. According to cattle market analyst Ed Czerwien the daily spot Choice box beef cutout ended April 9th, at $272.17, w ...

The January Food Price Index averaged 113.3 points, or 4.3% higher than in December 2020. That marks eight straight months of increases for the index and the highest monthly average since July 2014. The latest increase reflected strong gains in the sugar, cereals and vegetable oils sub-indices, while meat and dairy values were also up but to a lesser extent ...