Recent News Stories Use ERS
Data and Analysis
Sticker Shock: Food Prices Surge
San Jose Mercury News – March 17, 2008
… Despite the price relief in February, "it would be hard to see food prices being anything less than 4 percent higher overall for the year," said Ephraim Leibtag, a U.S. Department of Agriculture economist….
Sticker Shock by the Dozen
St. Paul Pioneer Press – March 16, 2008
… Egg prices are at record highs…. "It's been quite a steep climb," said Ephraim Leibtag, an economist at USDA [ERS]. "Nominal prices are at the highest they've ever been"….
Shoppers Fork Over More for Food in Stores Nationwide
Houston Chronicle Online – March 9, 2008
“The biggest factors have to do with the ever-increasing demand for food products combined with the weak dollar,” Leibtag [ERS economist] said. “Stocks are tight, and that's driving prices up.”
Shoppers Fork Over More for Food in Stores Nationwide
Houston Chronicle, other dailies – March 8, 2008
… soybean farmers are growing more corn, causing soybean supplies to shrink and prices to increase, said Ephraim Leibtag, an economist at the U.S. Department of Agriculture's economic research service. "The biggest factors have to do with the ever-increasing demand for food products combined with the weak dollar," Leibtag said….
Rising Food Prices Force Shoppers To Tighten Belts
Times-Reporter (OH) – March 6, 2008
… The agriculture department's Economic Research Service estimates meat and poultry prices will jump 2 to 3 percent in 2008, while fresh fruit and vegetables are predicted to rise by 4 percent. Cereals and bakery products will see the biggest increase, estimated at 6 percent higher than in 2007….
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