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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 [...]

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 [...]

U.S. April food prices up 1% from March, up 9% YOY

By |June 16, 2022|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Fruit & Fruit Concentrates, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , , , , , , , |

ERS estimates inflation for selected food price indexes in the U.S. was 1.0 percent in April vs. March, with inflation for food at home [...]

Surging greenback could help press pause on dollar-denominated commodities

By |May 17, 2022|Categories: Cocoa & Chocolate, Corn & Soy Complex, Dairy & Eggs, Edible Oils, Energy, Market Prices, Sugar, Wheat|Tags: , , , , , , , , |

Interest rates were increased by 50 basis points in an early-May Fed meeting, and there was strong insinuation the move would be followed by [...]

Slight break in world food prices in April

By |May 13, 2022|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Ethanol, Livestock & Poultry, Sugar, Wheat|Tags: , , , , , , , , , , , |

In April, FAO’s Food Price Index (FPI) fell slightly from March, possibly a positive sign after strong food price inflation in previous months. Adjusted [...]

Runaway prices at pump result in broken campaign promises

By |April 26, 2022|Categories: Biofuels, Energy, Ethanol, Market Prices|Tags: , , , , , , , , , |

Over a year into Biden’s first term in office, prices for crude oil have more than doubled, moving from $50 per barrel (bbl) to [...]

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 [...]