Category: Groceries & Gas
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A 90-day duty break on imported beef trimmings runs through November, aimed at ground beef that cost 9.4 percent more in the latest reading
Ground beef has been one of the more painful line items at the register this year, and the White House is trying a temporary fix: a 90-day window that lets more imported beef trimmings into the country at a lower tariff rate so processors can blend it with U.S. beef for ground beef. The relief…
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Certain Canadian dairy and alcoholic beverages will be barred from entering the United States on September 29
Canadian cheese, butter, and a range of Canadian beer, wine, and spirits are set to disappear from the list of goods U.S. importers can legally bring in, once a White House order takes effect at the end of the month. The change follows months of escalating tariff action between Washington and Ottawa, and it means…
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USDA told South Carolina, North Dakota and Ohio to hold off on banning candy and soda from food stamp cards.
Grocery shoppers on food assistance in South Carolina and North Dakota were bracing to lose the ability to buy candy and soda with their benefits within days. Instead, the federal agency that runs the program told both states, plus Ohio, to stand down. The reason traces back to a federal courtroom in Washington, D.C., not…
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Select beef rose $3.51 in a day to $354.23 per hundred pounds
Buying the lower beef grade to save money is a strategy plenty of households lean on, but this week that strategy got a little less rewarding. USDA’s daily wholesale price report shows Select beef jumped $3.51 in a single day to $354.23 per hundred pounds, even as the higher Choice grade slipped. The two prices…
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Wholesale Choice beef ran $375.03 per hundred pounds this month, with the cattle herd at its smallest since 1961
The price the grocery store pays for beef moved again this week, and it’s moving against a backdrop that hasn’t looked this thin in more than six decades. USDA’s daily wholesale report puts the Choice beef cutout at $375.03 per hundred pounds, the level that sets what retailers pay before a steak or roast ever…
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Wholesale eggs slipped to 66 cents a dozen, and the liquid egg that goes into packaged food costs about 7.5 cents
Behind every dozen eggs sitting in a grocery store cooler is a second, mostly invisible price: what the eggs cost before they ever reach a store shelf. This week that number moved lower. Federal market data show the wholesale price for shell eggs in the Midwest slipped to 66 cents a dozen, while the eggs…
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Cage-free eggs are advertised at $3.07 a dozen while conventional eggs go for $1.36
Grocery shoppers scanning the egg case this week are looking at one of the widest price gaps between egg types tracked in recent months. Federal market researchers who survey supermarket advertising nationwide found conventional caged eggs on sale for $1.36 a dozen this week, while cage-free barn and aviary eggs carrying the UEP-certified label were…
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Wheat costs a quarter more at the farm, yet bread and cereal are forecast to rise at their normal pace
Wheat prices at the farm gate have jumped sharply this summer, and the reason is a shrinking harvest. USDA’s Economic Research Service says farm-level wheat prices climbed more than 9 percent in a single month and are now running roughly a quarter above where they stood a year ago. Despite that spike, the agency’s own…
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Vegetable prices paid to farms fell 29 percent in a single month, and produce relief usually lands within two
Farm-level vegetable prices just posted their sharpest one-month drop of the year, and USDA’s own numbers suggest the produce aisle tends to start feeling that kind of move within a month or two. According to the U.S. Department of Agriculture’s Economic Research Service, prices paid to farms for fresh vegetables fell 29.4 percent from June…
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California diesel passed $7.21 a gallon, $1.62 above the national average
California’s price for on-highway diesel fuel crossed $7.20 a gallon last week, according to the U.S. Energy Information Administration’s weekly survey, the highest of any state in the country and more than a dollar sixty above the national average. Most households don’t buy diesel directly, but the fuel that moves trucks, freight and delivery vehicles…
