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
Lewie Pugh, with the Owner-Operator Independent Drivers Association, discusses EPA DEF system changes and what they mean for the supply chain and fuel costs.
JBS says the plant is now operating at full capacity as plant workers return to work.
Hiring may ease slightly, but labor shortages remain persistent.
Price volatility is driving shifts in demand and supply innovation.
Industry leaders argue the decision could disrupt confidence in conservation practices and increase regulatory uncertainty for producers across the region.
Brandy Carroll with the Arkansas Farm Bureau shares an update on planting conditions and what producers are facing this season.

LATEST STORIES BY THIS AUTHOR:

Author Lee Klancher joined RFD-TV’s Market Day Report to discuss a new, special edition version of his book, “Farmall Century” hitting the shelves in honor of the iconic tractor’s major milestone and impact on the ag industry over the last century.
In today’s production update, Total Acre Farming’s David Hula has an enlightening conversation with Jeremy Rountree about a new, industry-disrupting product from Brandt Fungicide.
What are the relative advantages and disadvantages of the split-interest transaction? And what are the rules when property that was acquired in a split-interest transaction is sold? That is the topic of today’s blog post by RFD-TV Agri-Legal Expert Roger McEowen.
A story that started with hardship ultimately led to a producer impacting the lives of youth involved in sheep showing. The North Carolina Farm Bureau takes us to Haynes Farm in Dobson, N.C., to hear this inspiring story.
A split-interest transaction involves one party acquiring a temporary interest in the asset (such as a term certain or life estate), with the other party acquiring a remainder interest. That is the topic of today’s Firm to Farm blog post by RFD-TV Agrilegal Expert Roger A. McEowen.