KCHI - Food Prices

News

May 11, 2023

USDA: Some Food Prices Starting to Drop

Just a year ago, most food categories were showing double-digit increases on prices from the previous year. USDA economist, Matt MacLachlan says now, those increases remain in eggs, fats and oils, sugars and sweets, and cereal products in double-digits. The…

News

March 16, 2023

USDA Food Price Increases Not As Steep

Food prices continue to climb, but USDA Economist Matt MacLachlan says the climb is more like before COVID. MacLachlan says the increase from January to February was 3/10th of 1% and from February of last year to this year up…

News

January 26, 2023

USDA Says To Expect Higher Food Prices

The rise in food prices in 2023 may be more than previously expected. In December USDA Economist Matt MacLauchlan said we could expect a rise of 31/2 to 4%. That may have been a bit optimistic. MacLauchlan says the news…

News

January 5, 2023

USDA – Food Prices To Continue To Rise

The US Department of Agriculture is warning that food prices are expected to keep climbing this year. USDA Chief Economist Seth Meyer says in 2022, food prices climbed 11-12 percent. Meyer says for 2023, the increase will continue, but is…

News

December 22, 2020

USDA: Food Prices Up In 2020 – Trent To Continue In 2021

Consumers have seen food prices climb sharply over the past year and the US Department of Agriculture says that trend will continue in 2021. Carolyn Chelius, USDA economist says prices will be generally up. She says meats may see lower…