Food Prices Surge Amid Inflation and Supply Chain Issues

Food prices in the US have surged by 33% over the last seven years, driven by inflation, wars affecting fertilizer costs, and government spending policies. Ground beef prices reached $6.82 per pound in June, a 79% increase from 2019, due in part to dwindling cattle supplies from droughts. Overall food prices increased by more than 2% in 2024 and nearly 3% in 2025, with food away from home prices rising by roughly 4% in both years.

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