Outlook 2009:
Meat Price Projections Reduced For 2009; Lower Egg & Dairy
Prices Seen
While USDA's projection for food-at-home and away from home for 2009 remained unchanged at 3.5% to 4.5%, some significant changes were made in specific categories. The largest of those changes are projections of lower egg and dairy prices for 2009, seen declining as much a 2% and 4% respectively on the heels of some very significant increases in 2008. Just last month, further advances in these food item were foreseen. Additionally, projections for all major center-of-the plate items, with the exception of seafood were reduced, with beef prices seen climbing just 2%, pork 3%, and poultry 2.5%.
The full analysis and projected retail food category price changes are available only to Food Institute members. Members login now.
Not a Food Institute member? For over 80 years, The Food Institute has been the first place to look for the latest information about the food industry. Our information and expertise help thousands of executives like you make the right decision at the right time. The Food Institute will be your best "single source" for current, timely and relevant information about the food industry, saving you time and money. Click here to take advantage of a Special Membership Offer!
