What has been making food more expensive?

It is hard not to notice the rising prices of just about everything, including the food you purchase.

USDA Economist Matt MacLachlan says there are many factors as to why food is so expensive right now, including the Avian Influenza outbreak, as well as the war in Ukraine.

“We are still facing high energy prices, we are still facing high labor costs, and for most of the commodities, upstream agricultural inputs are more expensive than they have been in the recent past. So, there isn’t one factor that really affects all these food prices, it’s rather a litany of factors, and they affect each of the food categories differently,” says MacLachlan.

He predicts prices to rise next year by another 2-3 percent.

Food prices are falling... slightly

Avian Influenza death toll rises to nearly 38 million; consumers are concerned it is affecting food prices