Massive food inflation: Eggs, meat, vegetables, chickens, dairy, corn, and wheat prices soar by 31%

The Department of Agriculture announced on Friday that its index of prices received by American farmers rose 6.3% in February and 31% in March 2021. The index analyzes the prices paid by first-time buyers from American farmers, the first step in the country’s food production chain.

Prices of US farm products continued to rise in March, reflecting inflationary pressures in the US economy and concerns that the Ukraine conflict and Russian sanctions could lead to global food shortages.

The cost of commodities, services, taxes, interest, and wages paid by farmers increased by 1.4 percent in February and by 13% in March 2021, according to the index.

Crop prices increased by 5.6 percent month over month and by 23 percent year over year. Prices for livestock rose 6.7 percent in February and were up 39 percent from a year ago.

Grain and oilseed: Up 5.5% from February and 28% from March 2021.

Feed grain: Up 7.4% from last month and 33% from a year ago. The maize price is up 46 cents from last month and $1.67 from March 2021, at $6.56 per bushel.

Food grain: up 6.1% month over month and 44% year over year. At $9.94 per bushel, the March price for all wheat is 77 cents higher than February and $4.08 higher than March 2021. Rice prices in March remained steady from February, at $15.60 per cwt, but were $1.20 higher than March 2021.

Oilseed: 3.8% higher than February and 18% higher than March 2021. At $15.40 per bushel, the soybean price is 60 cents higher than in February and $2.20 more than March of last year.

Vegetable and melon: The figure is up 34% from the previous month and 68% from March 2021. Prices for lettuce, onions, cauliflower, and celery increased in March, more than offsetting price decreases for broccoli, tomatoes, carrots, and sweet corn.

Other crops: It’s up 0.9% from last month and 23% from March 2021.

Meat: Up 2.9% from last month and 20% from a year ago.

Dairy: Up 4.9% from the previous month and 50% from March a year ago.

Poultry and egg: Up 16% from February and 76% from March 2021.

Fruit and tree nut: Although down 5.9% from February, the figure is up 3.6%. Strawberry, grapefruit, and pear prices declines more than offset price increases for lemons, oranges, and apples in March.

7 Responses

  1. From my perspective, it appears that the powers that be are all about starving the American public. It is time to stand up and say NO to these devils. Everything we need and buy has inflated. The only thing that has not gone up is my retirement. At the rate of inflation, I will not be able to continue living as I have for the past 17 years.

  2. Biden and his DemSocCommie crew caused all of these financial felonious activities resulting if
    In the fleecing of the pockets of Every American!
    We Must rid our USA of of the Evil that abides in Washington ruling the USA!

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