Search

Stream KCHI Live 24/7!

USDA Says Food Prices Will Rise Slower

The cost to feed your family will continue to rise this year, but the USDA says the rise will not be as steep.  Matt MacLachlan, USDA economist says a rise of 1.5 to 2.5% is expected, rather than the 3.5% hike in each of the past two years.  MacLachlan says beef will lead the increases.

He says in 2021, beef jumped 9.3%  Pork was up 8.5% and poultry was near 5%.

MacLachlan says the price increases could be higher if you are eating out.

The USDA cautions many factors can impact food prices.