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This data set provides monthly average price values, and the differences among those values, at the farm, wholesale, and retail stages of the production and marketing chain for selected cuts of beef, pork, and broilers (young chickens produced for meat). In addition, retail prices are provided for turkey, eggs, and dairy products. Historical price data for meat products are available from 1970.
Why This Product Is Important
Most ERS food price spreads are affected by changes in
both food prices and the amounts and kinds of services
that consumers buy with their food. Food price spreads
can increase—even if food prices do not—when consumers
shift their purchases from less to more processed foods.
The documentation describes a
calculation of price spreads based on a standard animal,
cut up in a standard way at a packing plant, and sold
in standard form through a retail store. ERS's goal in
calculating the retail meat values is to have a measure
that reflects only price changes.
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