How Much Does it Cost to Have a Fourth of July BBQ?

Jun 25, 2014

Rabobank BBQ Index

As we approach Fourth of July celebrations in the United States, Rabobank’s 2014 BBQ Index couldn’t have come out at a better time. The annual index comparison examines the cost of a 10-person BBQ, comparing figures dating back to 2004.

"While commodity price fluctuations are not always passed on to retail prices, American consumers will feel some significant market changes this Fourth of July," Bill Cordingley, Head of Food and Agribusiness Research at Rabobank said in a release.

Rabobank BBQ Index (party of 10-adults):

2004 - $51.90
2007 (during the financial crisis) - $55.62
2014 - $66.82

The numbers are based on data from the Bureau of Labor Statistics, which takes into consideration key BBQ ingredients.

Ingredients - BBQ Index Breakdown:

Meat

Beef – 71% increase in five years and 14% increase in 2013
Chicken – Up 3% over five years and a 1% increase in 20013 (overall prices remain flat)
Note: Beef and chicken combined make up one-quarter of the index
Rabobank analysis say that U.S. cattle herds are the smallest in 63-years.

Dairy

Cheese and ice cream prices have increased 15% in five years
Cheese prices have increased by 11% in the last year
While U.S. demand for dairy products has slowed, demand in China and other export markets continues to rise

Beverages

Beer – makes up 28% of the total BBQ cost for 10 people i.e. the cost of 20 beers has increased by 10% in the past five years

Soda – prices have increased 4% in the last five years

Bread/Snacks

Wheat – prices are dropping
Chips –prices are down because consumers are moving to healthier snacks

Veggies

Tomato – prices in 2013 increased by 12%

While BBQ prices have risen over the last five years, let’s hope it doesn’t prevent you from hosting a 4^th of July party. Time to fire up the grill!

Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

Did you know we also operate a small business on the homestead. We make homemade, handcrafted soaps, shampoo bars, hair and beard products in addition to offering our pasture raised pork, lamb, and 100% raw honey. You can find out more about our products and ingredients by visiting our website at www.mimiandpoppysplace.com. There you can shop our products and sign up for our monthly newsletter that highlights a soap or ingredient, gives monthly updates about the homestead, and also lists the markets, festivals, and events we’ll be attending that month.