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

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 meal at $53.31 ($5.33 per person), the highest price in the survey’s 36-year history. The 2021 estimate is up 13.7 [...]

World food prices down for second month on cheaper cereals, dairy, oils

After falling 2.6 percent the previous month, FAO’s Food Price Index (FPI) fell again in July, down 1.2 percent from June. Adjusted for inflation, July’s FPI was still up about 29 percent YOY on declines among the dairy, cereals, and vegetable oils subindexes vs. [...]

Pain as India’s monsoon drags its feet

On the heels of deficient pre-monsoon rains for India, an already delayed monsoon may have been further slowed and weakened by the now-dissipated Cyclone Vayu. As of most recent reporting by the India Meteorological Department (colloquially, “Met”), the monsoon has reached less than 15 [...]

Consumers are more concerned about health

Nielsen has released its Total Consumer Report for Q3 2018, highlighting some nice tidbits about food trends. U.S. consumer confidence for the third quarter was reported at its highest level in years, good news for the retail sector, including grocery stores. And perhaps of [...]

Is Thanksgiving dinner more affordable in 2018?

Based on its survey of food prices, the American Farm Bureau Federation (FB) estimates that the average cost of Thanksgiving dinner for Americans will be about $48.90 this year. This cost is based on a meal to feed ten people, making the cost per [...]