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Food Prices

Beef Prices Hit Record Highs As Herd Shrinks To 70-Year Low With No Relief In Sight Beef Prices Hit Record Highs As Herd Shrinks To 70-Year Low With No Relief In Sight
Beef Prices Hit Record Highs As Herd Shrinks To 70-Year Low With No Relief In Sight If steak night feels like a splurge and ground beef is denting the budget, you’re not imagining it. Beef prices are climbing to record highs with little sign of easing. According to USDA outlooks released Friday, Sept. 5, the spike is being driven by a deep supply crunch colliding with steady consumer demand.  The US cattle herd is now the smallest since 1951, the result of years of herd liquidation during drought and high feed costs, and rebuilding will take time. Demand, meanwhile, hasn’t cracked. Americans continue to buy beef for its taste and versatility, which keeps pressure on …
Northeast Cities Rank Among Best, Worst For July 4th Fun, Study Says: See Full Rankings Northeast Cities Rank Among Best, Worst For July 4th Fun, Study Says: See Full Rankings
Northeast Cities Rank Among Best, Worst For July 4th Fun, Study Says: See Full Rankings Northeast cities have widely different Fourth of July celebrations, with the region having some of the nation's best and worst, according to a new study. WalletHub released its 2025 list of Best & Worst Places for Fourth of July Celebrations on Wednesday, June 25. The study scored 100 cities on everything from food and hotel prices to fireworks shows, walkability, and weather. Data came from public records, tourism offices, and national databases as of Wednesday, May 28. "The Fourth of July is one of the most beloved holidays in America, allowing many of us to not only celebr…
Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims
Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims The head of one of the nation’s largest banks says the U.S. economy may be slowing — and that could hit local households and businesses hard in the months ahead. “I think there’s a chance real numbers will deteriorate soon,” JPMorgan Chase CEO Jamie Dimon said during a financial conference this week, per CNBC. He explained that while the country has seen gains in jobs and spending, there are signs that the economy may be cooling.  “Employment will come down a little bit. Inflation will go up a little bit. Hopefully, it’s just a little bit,” Dimon said. He added that lower immigration …
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation was relatively flat as President Donald Trump's sweeping tariffs went into effect in April, with lower grocery prices helping keep overall costs in check. Monthly inflation increased just 0.2% from March, the Bureau of Labor Statistics said on Tuesday, May 13. Consumer prices rose 2.3% from April 2024, the smallest yearly inflation since February 2021. The annual inflation number was slightly below the 2.4% Dow Jones forecast, CNBC reported. Wall Street didn't react much to the consumer price index (CPI) data, with stocks and Treasury yields staying relatively unchanged when …
Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says
Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says Inflation slightly eased in March, just before President Donald Trump's sweeping tariff announcement sent Wall Street spiraling, wiping out trillions in market value before a temporary tariff pause. The consumer price index (CPI) fell 0.1% in March, the first decline since October, the Bureau of Labor Statistics said on Thursday, April 10. Prices climbed 2.4% from March 2024, the slowest annual increase since early 2021. Wall Street was bracing for a hotter inflation report. The Dow Jones consensus estimated headline inflation to be 2.6% and core inflation to be 3%, CNBC reported. Gas…
Egg Prices Are Dropping Fast, But Here’s Why You’re Still Paying More At The Store Egg Prices Are Dropping Fast, But Here’s Why You’re Still Paying More At The Store
Egg Prices Are Dropping Fast, But Here’s Why You’re Still Paying More At The Store Egg prices across the U.S. are on a downward trend, according to the USDA’s latest weekly report released Friday, March 28, 2025. Nationally, loose, large white eggs dropped $0.26 to $3.00 per dozen. In California, prices slid by $1.13 to $6.05, and in the Midwest, the drop was even steeper at $1.20. New York’s rate held steady at $3.86 per dozen. Still, shoppers shouldn’t expect instant relief at the register: “Wholesale price changes can take up to three weeks to be reflected in the retail dairycase,” the USDA said. That means it could be mid-April before you see lower prices on store sh…
Grocery Shoppers Pivot As Inflation Reshapes Spending Grocery Shoppers Pivot As Inflation Reshapes Spending
Grocery Shoppers Pivot As Inflation Reshapes Spending As inflation continues to strain household budgets, consumers are scaling back purchases of both name-brand and private-label snacks and drinks.  TreeHouse Foods, a leading manufacturer of private-label products for major retailers like Walmart and Trader Joe’s, is now feeling the pinch, according to a report by The Wall Street Journal.  After initially benefiting from consumers shifting toward budget-friendly options, TreeHouse is now seeing slower sales growth as rising costs for essentials like coffee and eggs impact spending, the outlet said. Once a growth driver, private-lab…
Major Grocers Putting Limits On Egg Carton Purchases Major Grocers Putting Limits On Egg Carton Purchases
Major Grocers Putting Limits On Egg Carton Purchases Egg shortages are hitting grocery stores nationwide, prompting retailers to impose limits on how many cartons customers can buy. Major chains, including Trader Joe’s, Costco, and Whole Foods, have restricted egg purchases as supply chain disruptions and an ongoing avian flu outbreak send prices soaring.  Some locations are limiting customers to one or two dozen eggs per visit in an effort to prevent stockpiling and ensure availability for more shoppers. What’s Behind Egg Shortages? The latest bird flu outbreak has severely impacted egg production, with millions of chickens culled to …
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices Wegmans Cracks Down On Rising Egg Costs With Super Low Prices
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices If you’ve been to the grocery store lately, you might have felt some serious sticker shock in the egg aisle. Prices are climbing fast, but Wegmans is vowing to keep costs from scrambling out of control. The grocery chain, known for its loyal following and high-quality selections, says it’s holding the line on egg prices even as costs soar across the country.  "With supply fluctuating nationwide, prices are rising due to avian bird influenza and strong demand," reads a blurb on the Wegmans website in the "eggs section.  "Our New York state supplier takes every precaution to ensure…
Record-High Egg Prices Likely To See New Increases: What To Know Record-High Egg Prices Likely To See New Increases: What To Know
Record-High Egg Prices Likely To See New Increases: What To Know Across the country, grocery shoppers are facing sticker shock and empty shelves as egg prices continue to skyrocket.  Once an affordable staple, eggs have become increasingly expension -- and sometimes, even difficult to find — and the situation is only expected to worsen. The surge in egg prices is being driven by a combination of inflation and a devastating outbreak of avian influenza, better known as bird flu. The H5N1 virus, which made its way to the United States in 2022, has infected or killed millions of birds and infected many other animals In just the last three months, more…
Target To Lower Prices On 5,000 Items: Here's Where You Can Expect To See Savings Target To Lower Prices On 5,000 Items: Here's Where You Can Expect To See Savings
Target To Lower Prices On 5,000 Items: Here's Where You Can Expect To See Savings Target announced that it would lower prices on 5,000 "frequently shopped" items in its stores nationwide, the company said in a press release.  Those items include milk, meat, bread, soda, fresh fruit and vegetables, snacks, yogurt, peanut butter, coffee, diapers, paper towels, pet food, and more, the chain said in a Monday, May 20, news release. The new prices will be rolled out throughout the summer.  "We know consumers are feeling pressured to make the most of their budget, and Target is here to help them save more," said Rick Gomez, Target's executive vice president and c…
NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport
NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport A tweet by David Brooks, a conservative commentator who writes for the New York Times, complaining about the price of a meal at Newark Airport has gone viral, with some questioning its authenticity. Brooks lamented that his burger, fries and alcohol combo cost $78 in a post on  the X platform (formerly known as Twitter) that has been viewed almost 15 million times. This meal just cost me $78 at Newark Airport. This is why Americans think the economy is terrible. pic.twitter.com/1qeV9qOBL3 — David Brooks (@nytdavidbrooks) September 21, 2023 "This is why Americans think the economy is ter…
Surprise, Surprise? This CT City Ranks No. 2 Nationally For Best Pizza, And It's Not New Haven Surprise, Surprise? This CT City Ranks No. 2 Nationally For Best Pizza, And It's Not New Haven
Surprise, Surprise? This CT City Ranks No. 2 Nationally For Best Pizza, And It's Not New Haven When it comes to good pizza, a Connecticut city is the second-best in the US to grab a slice, according to new rankings released by Clever Real Estate. And it may come as a surprise that the city is not New Haven -- which has been long known for its renowned pizzerias.  It's Hartford. The new report by Clever Real Estate, which often releases rankings of US cities backed by data and research, lists the 50 best cities in America to get pizza in by looking at various data metrics.  These metrics include the city's pizza reputation, online search activity for pizza-related ter…
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…
On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues
On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues The COVID-19 related supply chain issues and price increases are continuing to impact consumers across the United States ahead of the holidays.  The Seattle Times reported that many are having to spend more in preparation for Thanksgiving Day on Thursday, Nov. 25, as the prices of many products have increased.  The news outlet said supply chain issues including transportation expenses, bad weather and labor shortages have all factored into the ballooning prices, along with inflation.  According to a report from Texas A&M Today, AgriLife Extension livestock economist Davi…
COVID-19: Food Prices Are Up - Some Items By As Much As 25 Percent COVID-19: Food Prices Are Up - Some Items By As Much As 25 Percent
Covid-19: Food Prices Are Up - Some Items By As Much As 25 Percent Food prices at grocery stores have increased by an average of 5.6 percent compared to the same time period last year. It’s another way COVID-19 has changed the economy, according to the latest price index provided by the United States Department of Agriculture. Some food prices have increased more than others. Only the price of fresh fruit seems to have gone down. The food product that saw the highest hike in price is beef and veal, followed by pork and eggs, according to the most recent information available from the USDA. Beef and veal are 25 percent more expensive in June 2020 than …
NY State Consumer Sentiment Up, New Siena Poll Shows NY State Consumer Sentiment Up, New Siena Poll Shows
NY State Consumer Sentiment Up, New Siena Poll Shows Are you ready to shop until you drop? Are you worrying less about finances?  What do state residents think about food and gasoline prices? According to a new Siena College Research Institute (SCRI) public opinion poll, consumer sentiment is up by more than four percentage points this year through September. That's the highest level measured in consumer confidence since March 2017, according to Siena. The new poll also found: Rising confidence numbers are driven by "iIncreasing future optimism." New Yorkers nearly match the rest of the nation with "strong expectations"…