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
Strong cattle values persist as producers weigh the costs and risks associated with herd expansion.
Export inspections showed continued strength in corn movement, while China remained a key destination for soybeans.
Rising input costs continue weighing on producer outlooks despite stronger expectations for land values.
The National Milk Producers Federation says AI adoption continues expanding both inside and outside the barn.
The International Dairy Foods Association is developing new tools to help identify emerging export opportunities for dairy products.
New livestock pest research in Texas could strengthen tools protecting cattle health, movement, and ranch profitability.
