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ERS sees food price inflation slowing significantly in 2024

By |November 15, 2023|Categories: Dairy & Eggs, Edible Oils, Livestock & Poultry, Sugar, Wheat|Tags: , , |

The September Consumer Price Index (CPI) for food was reported up just 0.2 percent from August, with food away from home leading the MOM [...]

Consumer price index for foods up 7.1% YOY

By |September 11, 2023|Categories: Dairy & Eggs, Edible Oils, Livestock & Poultry, Sugar, Wheat|Tags: , , |

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 [...]

Food price index up 0.6% in April for the first time in 13 months

By |June 5, 2023|Categories: Dairy & Eggs, Edible Oils, Fruit & Fruit Concentrates, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , , , , |

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 [...]

CPI finally falls below fed funds rate for first time in years

By |June 2, 2023|Categories: Energy, Market Prices|Tags: , , , , , , |

April’s Consumer Pricing Index (CPI) was announced midweek up 0.4 percent from March, slightly below market expectations. The monthly increase cooled the annual rate [...]

Domestic food CPI reported up 0.7% in October, up 11% YOY

By |December 22, 2022|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Fruit & Fruit Concentrates, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , |

In its October Consumer Price Index (CPI) reporting, ERS calculated that the price to consumers for all food rose 0.7 percent in September. YOY, [...]

FAO Food Price Index down for seventh straight month

By |November 17, 2022|Categories: Dairy & Eggs, Edible Oils, Market Prices, Sugar, Wheat|Tags: , , , , , , |

Adjusted for inflation, FAO’s October Food Price Index (FPI) fell by 0.1 percent from August, the sixth straight monthly decline. Year on year, the [...]

Food prices up 11% YOY in September

By |November 4, 2022|Categories: Dairy & Eggs, Edible Oils, Fruit & Fruit Concentrates, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , |

September’s U.S. Food Price Index rose 0.7 percent from August, with the highest growth again seen for prices of food from home, up 0.9 [...]

After falling in 2020, the cost of Thanksgiving meal rises in 2021

By |November 19, 2021|Categories: Corn & Soy Complex, Dairy & Eggs, Fruit & Fruit Concentrates, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , |

In its survey of the cost of a Thanksgiving meal, the American Farm Bureau Federation (AFBF) estimated the cost of ingredients for a ten-person [...]