National Ag News
Survey: Prices for eggs lower; milk higher
Apr 12, 2017, 10:10 AM
by
System
An informal survey indicates that food prices have fallen. The American Farm Bureau Federation (AFBF) Spring Picnic Marketbasket Survey shows lower retail prices for ground chuck, sirloin tip roast, chicken breasts and eggs.
“We have an abundant supply of eggs,” said John Newton, market intelligence director at AFBF, in an interview provided by the farm organization. “The USDA projects that egg supplies are going increase significantly above last year’s levels.”
The cost of 16 food items was $50.03, down $3.25 or about six percent compared to a year ago, according to the survey.
Continue reading Survey: Prices for eggs lower; milk higher at Brownfield Ag News.
