With the U.S. now at peak flush, dairy operations are in full swing as processing plants cope with the abundant milk supply across the country. With higher cow numbers in the national herd and YOY yield, there is approximately 1 percent more milk around [...]
USDA reported the February food Consumer Price Index (CPI) up 0.4 percent from January and up 9.5 percent YOY. The price index rose 0.6 percent for food away from home and half that for food at home. Among the component indexes, eggs saw a [...]
The Food Price Index (FPI), part of the Consumer Price Index (CPI), rose just 0.2 percent in November, slower growth than the 0.7 percent monthly growth in October. Mixed performance across the component prices led zero price growth for food at home, while the [...]
The shortened Thanksgiving holiday week brought mostly good news for buyers of dairy products. USDA’s November milk production report showed total heifers in the U.S. rising to a 12-month high of 9418 million head. As we had forecast, herd levels are now up from [...]
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 [...]
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 [...]
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 [...]
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 [...]
