USDA Expects Food Prices To Keep Rising
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Don’t expect your grocery bill to get lower anytime soon.
USDA officials are predicting food prices to go up by a total of 5% in 2022 – the highest single-year surge since 2008.
The agency bumped up its annual projection after seeing price jumps “across many of the food categories” over the last two months.
They project fruits and vegetables to go up 4%, dairy products to increase by 4.5%, and poultry costs to rise by 6.5%.
Prices for common elements of the U.S. diet, from #poultry and #dairy to fruits and vegetables, are rising at double or triple their usual rate. https://t.co/FWtSLtDPrn
— Successful Farming (@SuccessfulFarm) March 28, 2022
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