The Consumer Price Index (CPI) for food rose 0.3 percent in July and was reported up 4.9 percent YOY, per ERS. Food away from home is reported up 7.1 percent YOY, with inflation for food at home half that at 3.6 percent. (Note that [...]
ERS estimated the Consumer Price Index (CPI) for all food up about 0.1 percent in June, nearly flat on a minimal drop of 0.1 percent in the price of food at home mostly offset by a more aggressive appreciation of 0.4 percent for prices [...]
On Jun. 29, USDA reported there were almost 72.4 million head of hogs and pigs in the U.S. as of Jun. 1 vs. 72.3 million head last June. Q2 inventory set a record in 2020 at 77.7 million head, and the 2018-2022 average for [...]
Adjusted for inflation, FAO’s Food Price Index (FPI) for April rose 0.6 percent from March—the first monthly increase in 13 months. The sugar and meat subindexes were the cause of this monthly increase. April’s FPI was still down 21.1 percent YOY. For the year [...]
FAO’s world Food Price Index, adjusted for inflation, fell 0.6 percent in February and was down 9.7 percent YOY; this marks the 11th straight month of falling prices in FAO’s reporting. The cereal index fell for a fourth straight month in February. Wheat strengthened [...]
Environmental and economic factors have continued to affect the soybean market. May-23 soybeans fell from their peak to close the week at about $0.70 above year-ago values, and soybean oil futures continued their multi-week slide. NOPA soybean crush was 165.4 million bushels in February, [...]
USDA has released its agricultural projections to 2032! These baseline projections provide insight into the landscape of agricultural commodities and trade for the next ten years. The U.S. agricultural sector has been influenced by global economic and market circumstances such as inflation, supply chain [...]
Eggs can be an important source of vitamins, minerals, iron, and carotenoids, being a great food that provides the human body with these essentials for healthy living. The new year began with a huge disappointment for egg fans, however. Eggs have been in limited [...]
