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Tag Archives: food inflation

Comparing Micro Household Food Costs to Macro CPI Food, Food Price Fun

Biomass Rules Posted on April 9, 2025 by Mark JennerApril 9, 2025

The Bureau of Labor and Statistics (BLS) Consumer Price Index (CPI) carries significant weight in the flow of decisions and confidence in the US economy. Does the CPI mirror authentic food purchases?  YES! Are household food expenditures and the Food … Continue reading →

Posted in analytics, economics, education, firm, Food Price Fun, macro, policy, science | Tagged Bureau of Labor and Statistics (BLS), buying in bulk, commercial center competition, comparing micro household food costs to macro CPI Food, Consumer Price Index (CPI), consumer purchasing power, CPI is average prices, food, food inflation, food price fun, food-at-home, food-away-from-home, generic brands, grocery food, household food differs, individual household food, macroeconomic, microeconomic, restaurant food | Leave a reply

Making Sen$e of the Calculus of Food Price Increases

Biomass Rules Posted on January 30, 2025 by Mark JennerJanuary 30, 2025

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 →

Posted in analytics, economics, firm, macro, Real Adventures in Economics, science | Tagged American Farm Bureau Federation (AFBF), calculus, Consumer Price Index (CPI), egg price increases, first derivative, food inflation, food price increases, food prices, like zooming in on an elephant, low supply of eggs, magnification of price change, making sense of the calculus of food price increases, second derivative, Thanksgiving Meal Survey | Leave a reply

Deriving Real Values for AFBF’s Thanksgiving Survey – What The Function

Biomass Rules Posted on November 26, 2024 by Mark JennerNovember 26, 2024

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 →

Posted in economics, macro, policy, What the Function | Tagged $ sign anchor, 39 years, American Farm Bureau Federation (AFBF), Consumer Price Index (CPI), deflating, deriving real values for AFBF's Thanksgiving Survey, Federal Reserve Economic Data (FRED), food, food inflation, meal for 10 people, real price of food unchanged for 4 decades, real prices, Thanksgiving Meal Survey, what the function | Leave a reply

A Case of Pricing Wheat from Farm to Food

Biomass Rules Posted on September 10, 2024 by Mark JennerSeptember 10, 2024

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 →

Posted in analytics, economics, policy, science | Tagged absolute, bread, bushels, case of pricing wheat from farm to food, Consumer Price Index (CPI), Economic Research Service (ERS), farm to food, flour, food inflation, food-at-home, food-away-from-home, grams, index, loaves, ounces, pancakes, pounds, pricing wheat, relative, wheat | Leave a reply

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Mark Jenner, PhD
Biomass Rules
Greenville, IL 62246
c. 618.223.9331
e. biomassrules@gmail.com

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Mission Statement:
Providing solutions through the strategic utilization of all kinds of biomass; the development of new markets for food, fiber, and fuels; and streamlining regulations.

bio·mass:
ˈbī-ō-ˌmas. noun. 1 : the unit area or volume of living matter, 2 : plant materials and animal waste used as renewable feedstocks into new processes.

rules:
'rül. 1: noun. 1 : regulations, bylaws or governing procedure, 2: verb. a : to exert control, direction, or influence on, b : to declare authoritatively.

Manure…
is not a four-letter word.

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