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Topic: Food Costs

Drought in the United States and Your Food Costs

 

USDA - U.S. Department of AgricultureWashington, DC – In relation to the current drought, many people ask: What does this mean for food prices? Here we try to provide a response and the necessary context on food price inflation.

The info graphic show below is based on data from the USDA Economic Research Service’s analysis of retail food prices and the food dollar, or all the factors that affect what we pay for food.

This info graphic demonstrate how the current drought, or any event that affects prices for raw farm commodities, ultimately has a marginal effect on what we pay at the grocery or restaurant. The info graphic is based on data from the USDA Economic Research Service's analysis of retail food prices and the food dollar, or all the factors that affect what we pay for food. (Click to enlarge)

This info graphic demonstrate how the current drought, or any event that affects prices for raw farm commodities, ultimately has a marginal effect on what we pay at the grocery or restaurant. The info graphic is based on data from the USDA Economic Research Service’s analysis of retail food prices and the food dollar, or all the factors that affect what we pay for food. (Click to enlarge)

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