Infographic (click to see larger version) highlighting Valentine’s Day stats and figures.

It’s February 14^th and love is in the air. This year more than half of us – nearly 60 percent according to the National Retail Federation – will celebrate Valentine’s Day in many different ways.  But what do you get that special someone?

If you need some ideas, you may not need to look any further than your local newspaper.  According to USDA Market News, which tracks market prices and trends, stores and retailers offer help by featuring some holiday favorites—roses, steak, lobster and strawberries—in their sale ads the week before the big day. Read more »

This info graphic demonstrate how the current drought, or any event that affects prices for raw farm commodities, ultimately has a marginal effect on what we pay at the grocery or restaurant. The info graphic is based on data from the USDA Economic Research Service's analysis of retail food prices and the food dollar, or all the factors that affect what we pay for food. (Click to enlarge)

In relation to the current drought, many people ask: What does this mean for food prices? Here we try to provide a response and the necessary context on food price inflation. The info graphic is based on data from the USDA Economic Research Service’s analysis of retail food prices and the food dollar, or all the factors that affect what we pay for food. The graphic helps to demonstrate how the current drought, or any event that affects prices for raw farm commodities, ultimately has a marginal effect on what we pay at the grocery or restaurant. Primarily, the graphic demonstrates two important pieces of information:

1. In the bar chart, food price inflation is expected to be close to the historical average this year and just slightly above that next year. As you can see, recent spikes from 2008 and 2011, especially, outpace current forecasts.

2. In the grocery cart model, you see that raw farm commodity prices (the price of things like a bushel of corn or soybeans) are just one of many factors affecting retail food prices. In fact, commodities make up about 14% of the average retail food purchase, so even if all commodity prices doubled, retail food prices would increase by about 14%. Together, factors such as energy and transportation costs, labor costs, processing and marketing costs all play a much more significant role.

On July 25th, ERS forecast that we will likely see impacts on retail food prices within two months for beef, pork, poultry and dairy. Yet the full effects of the increase in corn prices for packaged and processed foods (cereal, corn flour, etc.) will likely take 10-12 months to move through to retail food prices, and should have little to no effect until that time.

For additional information, see USDA ERS resources: A Revised and Expanded Food Dollar Series A Better Understanding of Our Food Costs (PDF) and Food Price Outlook web page.

The drought of 2012 is the most serious to impact U.S. agriculture since 1988. The illustrations below help to show the resiliency of the U.S. agriculture sector and how it is better positioned today to endure this natural disaster.

For more information on USDA disaster and drought assistance, visit our website: usda.gov/drought

Infograpic depicting the resiliance of U.S agriculture. Click to enlarge image.

Click to view the full version of our Certified Egg Facts infographic.

Whether you prepare them for Easter dinner or as part of a Passover Seder Plate, eggs will certainly be the rave this weekend.  Coupled with egg dyeing, decorating, or hunting, it’s likely that you will find yourself searching for eggs in the super market. The USDA’s Agricultural Marketing Service (AMS) wants to pass along some information to help make your trip to the store a success.

When strolling down the dairy aisle, you will see that the egg displays are full of several brands, each garnering various grading shields and marketing claims.  Remembering a few key points will help you make an informed and egg-celent choice: Read more »

Whether you are an avid football fan who can’t wait until kickoff or you’re part of the 40 percent going to a Super Bowl party just for the food, there’s a good chance you will be as close to chicken wings as the television on Sunday. In fact, the National Chicken Council estimates that Americans will consume nearly 1.25 billion wings during this year’s Super Bowl.

Until 1964, wings were mostly viewed as the less desirable part of the chicken and were mostly cooked in soups. That all changed when Teressa Bellisimo, co-owner of Buffalo, New York’s Anchor Bar, decided to deep-fry chicken wings and toss them with a buttered cayenne pepper sauce. The buffalo wing was born, and since then Americans have made this food a staple—especially during sporting events.

Read more »