Your Fourth of July celebration will cost roughly the same as last year, but inflation is still driving up prices on many cookout favorites.
The Farm Bureau’s “Cost of Summer Cookout” this year is landing at $7.09 per person, which is down $0.30 from last year, and is the second-highest since the survey began in 2013. Some items that will cost more this year include ground beef, pork and beans, and potato salad, but some cookout staples did come down in price.
Pork chops fell nine percent, chips are $0.10 cheaper, and hamburger buns fell nearly six percent over last year.
American Farm Bureau Associate Economist Samantha Ayoub joined RFD-TV’s Suzanne Alexander to talk about how this report compares to previous years, additional highlights from the survey, and what is contributing to the numbers.
With core input inflation still hovering high, growers and retailers should plan pricing and promotions with tighter margins in mind — target early sales, leverage bundle deals, and secure logistics ahead of peak Halloween demand.
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