How are food prices impacting your grocery store trips?

Inflation has had a hold of the economy for nearly three years, and it is directly impacting how consumers navigate grocery stores.

A study by Purdue University shows inflation is causing more consumers to seek out deals, and they are switching to cheaper or generic brands. 56 percent of consumers reported their food prices have risen the most compared to other household expenses.

This month’s Consumer Price Index showed food inflation was up a little more than 2 percent on the year.

Related Stories
Kansas farmer and friend of RFD-TV John Jenkinson joins us to discuss wheat crop conditions, regional variability, producer financial concerns, and the outlook for the growing season across Kansas.
The Pennsylvania Dairymen’s Association joins us to share their “Milkshakes on the Moo-ve” campaign and statewide dairy outreach during National Dairy Month.
South Texas ranchers and vets warn that labor pressures will make monitoring for New World screwworm difficult across large cattle operations.
StoneX Director of Fertilizer, Josh Linville, joins us to discuss fertilizer market trends and risk management strategies to navigate an uncertain farm economy and fluctuating agricultural input costs.
Producers using farm entities should review ownership, labor contributions, and FSA paperwork before September 15.
On a year-over-year basis, final demand prices are up 6.5 percent, the largest annual increase since late 2022.

LATEST STORIES BY THIS AUTHOR:

Officials say the FDA-approved generic drug kills most screwworm larvae within hours of administration. The medication is available in two dosage strengths and is administered based on an animal’s weight.
Secretary Brooke Rollins announced the distribution of a comprehensive memorandum on Friday in Fort Worth, at RFD-TV’s Rural Town Hall presented by the Western Caucus Foundation.
AFBF Economist Bernt Nelson discusses biosecurity to prevent New World Screwworm and financial tools to support livestock as eradication efforts continue.
United Soybean Board Director and Missouri farmer Kyle Durham joins us to discuss farmer sentiment, alternative revenue programs, conservation incentives, domestic demand trends, and conditions on his farm this spring.
Secretary Rollins says the first U.S. calf infected with screwworm responded to treatment and is back to full health.