(NAFB) Food prices took a significant jump in 2022. At the USDA’s Ag Outlook Forum, Spiro Stefanu, administrator of the Economic Research Service, said the spike was the largest in several decades.
Matt MacLachlan a research economist with ERS, talks about takeaways from their findings.
For 2023, MacLachlan says prices will still be going up, but at a slower rate than last year.
For more information, go to ers.usda.gov.
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Submitted by Chad Smith on Thu, 02/23/2023 – 15:20
Source: NAFB News Service
Audio provided by NAFB News Service
Audio with Matt MacLachlan (Mc-LAHF-lin), research economist with the USDA’s Economic Research Service
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