Food prices up slightly for Missouri consumers

Monday, October 28, 2013

According to Missouri Farmer Today, Missouri shoppers found good prices slightly higher in the second half of 2013. At the end of the third quarter, the 16 items regularly tracked on the American Farm Bureau Federation Marketbasket survey were at $52.44, compared with the first quarter average of $48.73 for an increase of $3.71. The same time last year, these items cost $51.58.

"Most of the price shifts occurred in the meat and dairy cases," said Diane Olson, Missouri Farm Bureau director of promotion and education. "The survey found a slight to modest increase in the price of ground chuck, sirloin tip roast, bacon, sliced deli ham, chicken breasts, eggs and whole milk."

Consumer demand drove the increases in the meat and dairy category, according to John Anderson, American Farm Bureau deputy chief economist.

Items showing a slight decrease in rice included all-purpose flour, vegetable oil, white bread, orange juice and shredded Cheddar cheese.

Of the 16 items, 10 were higher for Missouri shoppers during the semi-annual survey, five lower and one remained unchanged. Local shoppers saw a savings of 76 cents from the national average $53.20.