Food Price Fun compares the theory of food prices to practices of buying food. On the one hand the Bureau of Labor and Statistics (BLS) Consumer Price Index (CPI) food prices provide the benchmark for the macroeconomy of food. But … Continue reading →
The price of eggs reported by the Bureau of Labor and Statistics used in the January Consumer Price Index (CPI), was $4.95 per dozen. In many places it is higher than this. In the Midwest if you know where to … Continue reading →
Food price inflation is still in the news. Eggs have become a national security issue. Well, one would think so from the news. Mostly, the egg-laying chickens are sick and dying. But once we get beyond this egg-industry crisis, we … Continue reading →
In a January 21, LinkedIn post about a 1/19/25 Wall Street Journal Article on food prices rising in December, it was speculated that it is traditional food eating month. If prices were going to rise in an annual cycle, December … Continue reading →
The American Farm Bureau Federation does an excellent job with the annual Thanksgiving Meal Survey, and they have for nearly 40 years. They have the infrastructure and the expertise to make it work every year. All of their prices are … Continue reading →
Food prices have been inflated. Food, as a category in the Consumer Price Index (CPI) is no longer driving inflation. The Wall Street Journal reported on November 2, 2024, that grocery distributors are causing food prices to increase and cause … Continue reading →
The last few years have been an inflationary roller coaster. On September 26, nearly 50 years of US inflation was used to illustrate HOW NOT TO USE inflation (spurious correlation). Part of understanding what charts of inflation actually mean, is … Continue reading →
It is an election year, and the number of charts showing the economy-wide influences by a single factor are up. A recent chart making a thin claim about the cause of inflation struck me as a similar rhythm to my … Continue reading →
Food pricing has many layers. Earlier, it was established that Biomass Rules considers food to be retail consumption of human nutrients. There are exceptions, but this working definition simplifies many parts. It is easy to look at the farm gate … Continue reading →
