The Price Of Food: 2007 Versus 2008

6/20/2008 6:30:00 AM

The Price Of Food: 2007 - 2008



		May	May	Percent
Meat & Dairy	Unit	2007	2008	Change
Ground Chuck	Lb	2.766	2.798	1.16%
Ground Beef	Lb	2.307	2.313	0.26%
Steak Round, Choice	Lb	4.134	4.178	1.06%
Bacon, Sliced	Lb	3.651	3.637	-0.38%
Pork Chops	Lb	3.194	3.268	2.32%
Chicken Breast	Lb	2.312	2.392	3.46%
Turkey, Frozen	Lb	1.146	1.258	9.77%
Eggs, Grade A	Doz	1.504	1.930	28.32%
Milk, Fresh	Gal	3.259	3.760	15.37%
Cheddar Cheese	Lb	3.976	4.397	10.59%
		Source: ERS/USDA - Retail Prices

		May	May	Percent
Field Crops	Unit	2007	2008	Change
Barley	Bu	$3.12	$4.76	52.56%
Beans, Dry Edible	Cwt	$3.08	$5.06	64.29%
Corn	Bu	$3.49	$5.12	46.70%
Cotton	Lb	$0.44	$0.61	37.95%
Flaxseed	Bu	$7.08	$16.60	134.46%
Hay	Ton	$138.00	$166.00	20.29%
Lentils	Cwt	$13.20	$32.70	147.73%
Oats	Bu	$2.49	$3.46	38.96%
Peanuts	Lb	$0.18	$0.20	12.29%
Peas, Dry Edible	Cwt	$10.10	$16.40	62.38%
Potatoes	Cwt	$7.95	$9.21	15.85%
Rice, Rough	Cwt	$10.00	$15.00	50.00%
Sorghum	Cwt	$6.49	$9.18	41.45%
Soybeans	Bu	$7.12	$12.30	72.75%
Sunflower	Cwt	$16.60	$27.40	65.06%
Wheat	Bu	$4.88	$8.80	80.33%
		Source: USDA/NASS - Ag Prices Received

		May	May	Percent
Fruits	Unit	2007	2008	Change
Apples	Lb	$0.27	$0.34	26.02%
Grapefruit	Box	$4.49	$5.12	14.03%
Lemons	Box	$8.14	$20.77	155.16%
Oranges	Box	$11.12	$6.95	-37.50%
Peaches	Ton	$820.00	$948.00	15.61%
Pears	Ton	$651.00	$525.00	-19.35%
Strawberries	Cwt	$68.60	$66.70	-2.77%
Tangerines	Box	$17.01	$5.98	-64.84%
		Source: USDA/NASS - Ag Prices Received

		May	May	Percent
Vegetables	Unit	2007	2008	Change
Asparagus	Cwt	$91.90	$99.80	8.60%
Broccoli	Cwt	$26.70	$27.30	2.25%
Carrots	Cwt	$32.00	$25.50	-20.31%
Cauliflower	Cwt	$24.90	$37.40	50.20%
Celery	Cwt	$18.30	$37.70	106.01%
Cucumbers	Cwt	$28.50	$17.50	-38.60%
Lettuce	Cwt	$13.60	$16.80	23.53%
Onions	Cwt	$24.20	$31.70	30.99%
Snap Beans	Cwt	$38.80	$39.60	2.06%
Sweet Corn	Cwt	$21.40	$23.10	7.94%
Tomatoes	Cwt	$35.60	$40.40	13.48%
		Source: USDA/NASS - Ag Prices Received

Prepared By: Rob Cook, rob@cattlenetwork.com