meat prices
Meat production expands rapidly, prices fall faster
U.S. red meat and poultry production in the final half of this year will be 3-percent higher than the same period in 2015, say USDA economists. The rapid expansion in the beef, pork and poultry supply will mean lower market prices across the board, with cattle down 11.7 percent, hogs down 8.3 percent, broiler chickens down 5 percent and turkeys down 6.8 percent.
Biggest increase in FAO Food Price Index in four years
Surging grain, sugar, meat and dairy prices worldwide drove up the FAO Food Price Index 4.2 percent, the steepest one-month increase in the index in four years. June was the fifth month in a row for an increase in the index, which tracks the average international price of a basket of food commodities, now at its highest reading since last July.
Cost of a summer cookout? About the same as last year.
Lower grocery-store prices for hamburgers and hotdogs are helping to keep the lid on the price of a summer cookout, according to spot checks of supermarkets in 26 states. The survey, organized by the largest U.S. farm group and released ahead of the Independence Day holiday, said the grocery bill for enough food to feed 10 people would be $56.06, or $5.60 a person.
Prices most important factor in grocery shopping, trade group says
Shoppers consistently say price is their most important consideration in grocery shopping. And with the small profit margin for grocers, "we focus so intensely on food prices because our consumers demand that we do," says Andrew Harig of the Food Marketing Institute.
Food inflation stunted by lower beef and pork prices
Americans will see a fourth year of smaller-than-usual increases in food prices, thanks to weaker beef and pork prices, says the monthly Food Price Outlook report.
In second year, cattle herd expansion gathers speed
Cattle ranchers and feeders expanded their herds 3 percent in the past year, to 92 million head at the start of January, and cattle numbers, which generally declined since 1996, are up for the second year in a row, says the semi-annual Cattle inventory report.
Skyrocketing meat prices fall back to earth
Chicken prices at the grocery store are 2-percent lower than a year ago and wholesale beef prices have started to decline, two signs that meat prices are returning to normal, according to the Food Price Index.
World meat prices up 8 percent in 2014, says FAO
The UN Food and Agriculture Organization says its meat price index rose by 8 percent during 2014 while the other elements in its Food Price Index - cereal grains, vegetable oils, dairy products and sugar - fell.
More pork for consumers, lower profits for hog farmers
After several years of constrained supplies, pork production will climb by 5 percent this year, says economist Chris Hurt of Purdue. "Pork producers are gearing up to provide their customers with what they want and that is 'More Pork' and 'More Bacon,'"...
Food price index dips, so does global grain outlook
Lower dairy and meat prices led to a decline in the world Food Price Index for the seventh month in a row, said the UN Food and Agriculture Organization.
Beef prices to zoom 11 percent this year, pork nears plunge
Beef prices are at record highs, due to the smallest U.S. cattle inventory since 1951, and are now forecast to average 11 percent higher this year than during 2013.
World food prices down for sixth month in a row
The global Food Price Index is down for the sixth month in a row, says the U.N. Food and Agriculture Organization. Sugar and dairy prices dropped by the largest amounts, followed by grains and oils.
A home-cooked bacon cheeseburger costs more
Americans are paying noticeably more for the three main ingredients of a bacon cheeseburger - ground chuck, cheese and bacon - than a year ago, says the largest U.S. farm group in a semi-annual market basket survey.
Record-high beef and pork prices for one more year
Grocery shoppers will pay record-level prices for beef and pork through 2015, says a University of Missouri think tank.
Farm-gate prices fall as harvest nears
Corn, soybean and wheat prices fell during August amid forecasts of a record fall harvest, said the monthly Agricultural Prices report.
After relentless increases, food inflation rate stands still
Higher consumer demand and lower supplies are driving up pork and egg prices, but after increasing for six months in a row, the U.S. food inflation rate for 2022 is unchanged this month, said the USDA on Thursday.