Food prices are going up — Hurry Up and Stock up now.
Prices for all meat categories increased by a percent or more between February 2022 and March 2022. While wholesale beef prices decreased by 3.6 percent in March 2022, retail beef prices increased by 1.0 percent. Wholesale pork prices, along with port congestion, contributed to a 1.4-percent increase in retail pork prices in March 2022. In 2022, beef and veal prices are now predicted to increase between 6.0 and 7.0 percent; pork prices are predicted to increase between 4.0 and 5.0 percent, and other meat prices are predicted to increase between 3.5 and 4.5 percent. The aggregate categories of meats, poultry, and fish are predicted to increase between 5.5 and 6.5 percent, and meats are predicted to increase between 4.5 and 6.5 percent in 2022.
Source: www.ers.usda.gov
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