Farms.com Home   News

Despite Record-high Beef Prices, 2014 Food Inflation Was Close To 20-Year Average

Retail food price inflation has been more volatile in recent years. In 2007 and 2008, grocery store (food-at-home) prices rose 4.2 and 6.4 percent, respectively, as a result of rapid increases in farm-level rice, grain, and oilseed prices. The Great Recession helped push down at-home food price inflation to just 0.5 percent in 2009 and 0.3 percent in 2010.

Inflation was again higher than the 20-year average in 2011, reaching 4.8 percent. However, in 2014 retail food prices rose 2.4 percent, near the 20-year annual average of 2.6 percent. While retail food price inflation was modest in 2014, food categories in the perimeter of the grocery store—beef and veal, pork, eggs, dairy, and fresh fruit—all experienced above average inflation. In contrast, items in the center aisles experienced inflation below average or, in some instances, even saw deflation; prices for sugars and sweets and for nonalcoholic beverages fell in 2014

Despite record-high beef prices, 2014 food inflation was close to 20-year average

Source:USDA


Trending Video

Four Star Pork Industry Conf - Back to Basics: Fundamentals drive vaccine performance

Video: Four Star Pork Industry Conf - Back to Basics: Fundamentals drive vaccine performance

At a time when disease pressure continues to challenge pork production systems across the United States, vaccination remains one of the most valuable and heavily debated tools available to veterinarians and producers.

Speaking at the 2025 Four Star Pork Industry Conference in Muncie, Indiana, Dr. Daniel Gascho, veterinarian at Four Star Veterinary Service, encouraged the industry to return to fundamentals in how vaccines are selected, handled and administered across sow farms, gilt development units and grow-finish operations.

Gascho acknowledged at the outset that vaccination can quickly become a technical and sometimes tedious topic. But he said that real-world execution, not complex immunology, is where most vaccine failures occur.