News & Events
You might also like
- How large of an increase have you seen in your farmland property value this year
- OFBF examining CAUV formula
- From plan to policy
- ĎIn it for the long runí
- Bill addresses concerns about stateís agritourism activities
Weather causing food price increases
by David White
Iím not looking forward to this summer. I havenít since one of the orchards I live a few minutes from and visit to pick peaches posted the following message on its Facebook page this past winter:
Iím disappointed I wonít get to enjoy picking peaches and blackberries this summer that I freeze or use fresh to turn into cobblers and crisps that I share with co-workers, family and friends. Rising food prices may have consumers in a similar mood.
Droughts, unusually cold winter weather, rising exports and a virus outbreak in the hog population are expected to cause food prices to increase this year.
Here are some recent new pieces discussing rising food prices.
Save your bacon - the prices of several breakfast staples are going up: http://t.co/IysGtwd49tó The Associated Press (@AP) March 22, 2014
The bottom line: price inflation for meat, fish, milk, eggs, fruits and vegetables is expected to more than double this year from the nearly four-decade low experienced last year.
Even with these increases, food is still a bargain the U. S. compared to other countries. However, consumers may have questions and concerns as to why their grocery bill is increasing. Are you prepared to have that conversation with family and friends who share this concern with you?
David White is director of commodity relations for Ohio Farm Bureau.