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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 08, 2024
Farmers and agriculture departments in Iowa, Wisconsin and Minnesota have spent the past few weeks scrambling to figure out what to do with roughly 2 million chickens left behind by Pure Prairie Poultry, which stopped paying for feed on Sept. 30 amid financial struggles that ended with the plant being shuttered.
The cost of groceries rose 0.1% for the second month in a row in July, led by increases in the cost of beef, eggs, milk and fresh produce. Consumers continue to see significantly more inflation when they're eating out.
The cost of eating at home fell 0.2% in April after supermarket prices were flat for two straight months, helping offset continued inflation in housing and energy costs.
The cost of eating at home was unchanged for the second straight month in March as lower prices for dairy and grain products offset higher costs for beef, pork, chicken and eggs.
Colombia is once again accepting U.S. exports of poultry and egg products after shutting off access to their market last summer due to concerns about Highly Pathogenic Avian Influenza.
Grocery prices rose just 0.1% in December for the second month in a row and are up 1.3% year over year as food inflation continues to moderate, according to the latest Consumer Price Index.
Tyson Foods pointed to measures it’s taking to increase efficiencies in a challenging meat market as it reported lower sales for fiscal 2023’s fourth quarter and projected flat sales in 2024.
The indictments of New Jersey Sen. Bob Menendez and Wael Hana are raising concern over an arrangement that gives control over millions of dollars in U.S. beef and poultry trade to one entity at the heart of the scandal.
