July 4 Cookout Costs Up Over Last Year: NorthEscambia.com

U.S. consumers will pay $69.68 for their Independence Day favorites, including cheeseburgers, pork chops, chicken breasts, homemade potato salad, strawberries and ice cream, according to a new market basket survey from the American Farm Bureau Federation.

The average cost of a 10-person summer cookout is $69.68, which equates to less than $7 per person. Total cookout costs are up 17% or about $10 from last year due to ongoing supply chain disruptions, inflation and the war in Ukraine.

The market basket survey shows that the largest year-on-year price increase was for ground beef. Research results showed that the retail price for 2 pounds of ground beef was $11.12, 36% higher than last year. Meanwhile, the Ministry of Agriculture’s Producer Price Index indicates that compared to a year ago, livestock prices at the farm level have increased by 17.5%, but wholesale beef prices have fallen by 14%.

Several other foods in the study, including chicken breast, pork chops, homemade potato salad, freshly squeezed lemonade, pork and beans, hamburger buns and cookies, also rose in price.

A bright spot for consumers is the average retail price for strawberries, which has fallen by 86 cents compared to a year ago. Sliced ​​cheese and crisps also fell in price, 48 cents and 22 cents respectively. Better weather conditions in some fruit-growing regions and greater flexibility in the pricing of processed products for processed products are likely driving the modest price decreases for these products.

The July 4 cookout survey is part of the Farm Bureau market basket series, which also includes the popular annual Thanksgiving dinner cost survey of common food staples Americans use to prepare meals at home.

Data for this year’s survey was collected by volunteer shoppers across the country and in Puerto Rico, including members of the Farm Bureau and others.

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