AFBF: 4th Of July Cook Out Costs Down Slightly

Americans planning on celebrating the 4th of July holiday with a cookout will enjoy lower prices this year, compared to last. Veronica Nigh with the American Farm Bureau Federation said the average cost of a summer cookout for 10 people remains fairly affordable at $59.50. “Which is down about 16 cents from last year, and […]

Global Food Prices Hit Highest Mark in Ten Years

Emerging markets across the globe that are struggling to get COVID-19 vaccines may be in for yet another serious challenge: food inflation. The United Nations Food and Agriculture Organization said last week that its global food price index hit its highest mark since September of 2011. As groceries make up a bigger share of their […]

Expect Higher Fresh Fruit Prices This Year

You’ve heard it since you were a kid: for good health, eat more fresh fruits. But, to do it, it’s going to cost you more. USDA Economist and Food Price Tracker, Carolyn Chelius, said consumers in 2019 and 2020 got a break on fresh fruits with prices down both years. She noted, last year, fresh […]

WHO Food Price Index Increases Again in January

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 […]

2021 Food Prices Still Hard To Predict At This Point

When 2020 started, USDA economists were forecasting food prices for that year would rise only about half a percent, maybe one and a half; but then came COVID-19. So, as we look back on 2020, we see prices that ended up rising 3.5%; the biggest rise in almost a decade. This year, USDA Economist, Carolyn […]

Food Prices Expect To Jump In Canada

The USDA recently announced that food prices will likely increase 1%-2% in the New Year. It looks like that trend will be felt across Canada as well. Dennis Guy reports that those north of the border are preparing for record food prices in 2021. If you have a story idea for the PNW Ag Network, […]

USDA Expects Additional Food Price Hikes

According to the latest numbers from the USDA, the average American spent about 3.5% more on food at the grocery store compared to what was spent in 2019; the biggest year-over-year jump reported in a decade. A lot of those price spikes came early in the year brought on by disruptions in the supply chain […]

Food Prices Up Year-Over-Year Across The Board

For food shoppers, 2020 has been one of those years where almost everything at the local grocery store moved up in price. In her latest food price forecast for the entire year, USDA Economist, Caroline Shelley, said there’s only one food category where prices may not increase from 2019 to 2020; fresh fruit. Shelley said, […]

WTO: Ag Trade Faring “Better” During COVID; Producers Still Feel Pressure

A new report from the World Trade Organization says agricultural trade has performed “better” than other economic sectors during COVID-19. However, the report notes that farmers and ranchers are still feeling pressure from lower food prices. “Overall merchandise trade fell sharply in the first half of this year, but agricultural and food exports increased by […]

Food Prices Decline in July

After months of steady increases, the prices consumers pay for their groceries dropped in July. The monthly Consumer Price Index said that was the first decline in the price of food since April of 2019. However, the decrease was less than 0.5% and Americans are still paying more for food than they did in 2019. […]