Shining Light on Farm & Food Policy for 20 Years. Friday, May 10, 2024

Food

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Inflation impacting plans for holiday grocery shopping

This year, typical holiday stress is exacerbated by inflationary concerns, with 62% of shoppers reporting their grocery costs have increased year-over-year, according to the Food Industry Association’s U.S. Grocery Shopper Trends 2022 series focusing on holiday shopping.  When it comes to holiday plans, 45% of shoppers are more concerned about the price of holiday meals than the price of travel or gifts. 


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Strife in Haiti halts once prosperous US rice trade

Haiti has remained a major customer of U.S. rice through decades of turmoil, but that has come to an end. The implosion of the country that has descended into the chaos of gang rule and disease outbreak has made it impossible for U.S. exporters to keep supplying the country even in its time of most dire need.
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CoBank: War, drought help sustain ag markets

Even as the Federal Reserve struggles to get inflation under control, the agriculture and energy sectors “have gained unexpected levels of pricing power” due to lingering global supply challenges, according to a quarterly report from CoBank.
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