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Image: Food Choices & Health

Table 1

Return to Food Demand Analysis

Table 1-Price elasticity estimates
Food quantity of
Own price
Selected price increase by 1-percent of
Income
Beef
Pork
Chicken
Cheese
Milk
Oranges
Tomatoes
 
Percent
Beef
-0.621
-0.621
0.114
0.018
-0.026
-0.011
0.000
-0.012
0.392
Pork
-0.728
0.192
-0.728
0.013
-0.006
0.002
-0.021
-0.005
0.659
Other meats
-1.874
0.818
0.355
0.280
0.358
-0.071
0.200
0.068
-0.574
Chicken
-0.372
0.103
0.047
-0.372
-0.039
-0.058
0.001
0.097
0.077
Turkey
-0.535
0.089
0.141
-0.077
0.222
0.432
-0.056
-0.099
-0.127
Fresh and frozen fish
0.121
-0.113
0.256
-0.049
0.011
-0.431
-0.013
-0.141
0.429
Canned and cured fish
-0.372
0.009
0.104
0.059
0.129
0.198
-0.110
0.060
0.394
Eggs
-0.110
0.092
0.012
0.059
0.009
0.042
0.004
0.004
0.287
Cheese
-0.247
-0.227
-0.026
-0.069
-0.247
0.032
-0.056
-0.070
0.418
Fluid milk
-0.043
-0.013
0.012
-0.022
0.008
-0.043
-0.018
0.032
0.119
Evaporated and dry milk
-0.276
-0.074
-0.072
0.178
-0.163
-0.255
-0.055
0.067
0.515
Wheat flour
-0.078
-0.132
0.006
0.014
-0.050
0.023
0.018
0.013
0.131
Rice
0.066
0.674
0.184
-0.167
0.187
-0.193
-0.016
-0.020
0.148
Potatoes
-0.098
0.072
-0.067
0.053
-0.005
0.018
-0.078
-0.052
0.110
Butter
-0.243
0.100
0.028
0.254
-0.388
0.176
-0.028
-0.121
0.539
Margarine
-0.009
-0.202
-0.021
-0.005
0.073
0.433
0.119
0.137
-0.336
Other fats and oils
-0139
0.093
0.121
0.011
-0.060
0.017
-0.048
-0.078
0.494
Apples
-0.190
0.014
-0.021
-0.037
-0.016
-0.129
0.123
-0.107
-0.362
Oranges
-0.849
0.025
-0.225
0.004
-0.124
-0.182
-0.849
-0.038
-0.165
Bananas
-0.499
-0.070
0.007
-0.122
0.050
-0.324
-0.085
0.111
0.094
Grapes
-1.180
0.060
0.449
-0.109
-0.475
-0.059
-0.008
0.256
0.561
Grapefruits
-0.455
-0.584
-0.395
0.132
-0.012
0.553
-0.275
-0.262
-0.490
Other fresh fruits
-0.416
0.562
0.346
0.020
0.337
0.360
0.295
0.260
0.123
Lettuce
-0.090
0.038
-0.091
0.114
0.013
0.153
0.133
-0.058
0.372
Tomatoes
-0.622
-0.233
-0.051
0.330
-0.142
0.278
-0.035
-0.622
0.918
Celery
-0.078
-0.210
-0.253
0.091
-0.020
0.685
0.072
-0.146
0.725
Onions
-0.207
0.182
0.157
-0.096
-0.011
-0.074
-0.021
0.141
0.078
Carrots
-0.534
0.484
0.043
0.258
-0.178
0.225
0.097
0.329
0.675
Other fresh vegetables
-0.215
-0.557
0.090
-0.258
0.126
0.045
0.218
0.023
1.292
Fruit juices
-0.558
-0.212
-0.219
0.148
-0.100
0.062
-0.200
-0.003
0.366
Canned tomatoes
-0.169
-0.292
-0.219
0.263
0.082
0.257
-0.070
-0.200
0.868
Canned peas
-0.534
-0.529
0.019
0.144
0.283
1.104
-0.047
-0.209
0.628
Canned fruit cocktails
-0.740
0.361
0.397
0.084
-0.278
-0.212
0.205
-0.111
0.717
Peanuts and tree nuts
-0.169
-0.209
0.142
0.025
0.025
-0.183
0.105
0.057
0.099
Other processed fruits and vegetables
-0.151
-0.145
-0.045
0.049
0.022
-0.110
-0.003
0.004
0.022
Sugar
-0.037
0.108
-0.007
-0.004
0.014
0.010
-0.008
-0.006
0.006
Sweetners
-0.052
-0.044
0.067
-0.048
-0.118
-0.084
0.040
0.021
0.419
Coffee and tea
-0.176
0.033
-0.012
0.011
0.040
0.010
-0.023
-0.011
0.818
Frozen dairy products
-0.078
-0.002
0.106
0.117
-0.044
-0.143
-0.007
0.002
0.253
Nonfood
-0.980
-0.023
-0.016
-0.010
-0.002
-0.019
-0.001
-0.002
1.166

Note: Each estimate of price elasticity shows the percentage change of a food quantity in response to a 1-percent increase in a food price or per capita income.
Source: USDA, ERS.

Last updated: Tuesday, June 05, 2012

For more information contact: Biing-Hwan Lin

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