Food CPI up 10.9% YOY

Data reported by BLS shows that food inflation was 1.1 percent in July, with the Consumer Price Index (CPI) for food now up 10.9 percent YOY. The major contributor has been the price of food at home, up 13.1 percent YOY; food away from [...]

At-home consumer food prices rose 1.3% in May, up 11.9% YOY

ERS published data on Consumer Price Indexes (CPI) for food this Friday, unsurprisingly showing higher prices in May across all food categories in the U.S. As a result, the composite food CPI was estimated up 1.1 percent from April 2022 and up 10.1 percent [...]

Rising container freight rates curdles U.S. milk exports

An increasingly common complaint of shippers lately has been availability and pricing for export containers. Many lanes, in particular those to the Far East, have risen dramatically by as much as 300 percent over the past three years, and finding sufficient empty containers is [...]

U.S. dairy herd plateaus & poised to fall

After steadily rising over the past 12 months, the nationwide herd may have peaked as flush ends. Total herd across the 50 states was estimated at 9.51 million head, down about 1,000 head from the May estimate. The 24-state number, representing about 95 percent [...]

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