The American Farm Bureau Federation’s annual summer cookout survey finds popular food items remain priced near last year’s levels. American Farm Bureau economist Veronica Nigh says a cookout of Americans’ favorite foods for the Fourth of July will cost slightly more this year but still comes in at less than $6 per person in the national survey.
“This year’s survey reveals that we’ve had very little change in prices of the basket from this year compared to last, in fact less than a one percent increase compared to a year ago.”
But Indiana Farm Bureau’s survey which includes hot dogs, cheeseburgers, ribs, baked beans and other items is a little less expensive this year. The informal survey shows the average cost to feed 10 people at a summer cookout is $48.06, under $5.00 per person. The 10-person total is 72 cents under last year.
Nationally Nigh says meat prices are lower this year.
“It’s the all-American Fourth of July cookout. And this year we noticed that meat prices, the hamburger, spareribs and hotdogs, are all decreasing in price. That’s really a result of increasing supply of both hog and cattle livestock and the resulting meat product.”
She says the survey shows the hard work by farmers and ranchers to ensure a safe and affordable food supply.
“Folks should be pleased with the resiliency of our industry and continuing to provide consumers a wide variety of product to enjoy at a very reasonable price.”
The Indiana farmer’s share of that $48 cookout for ten? Just a little over $8.00.
The summer cookout survey is part of Farm Bureau’s marketbasket series, which also includes the popular annual Thanksgiving Dinner Cost Survey.
“Independence Day is our country’s birthday – a day set aside to remember how America became the land of liberty that it is today,” said Isabella Chism, IFB 2nd vice president and chair of the Indiana Farm Bureau Women’s Leadership Committee, which is in charge of the market-basket survey program. “We celebrate by gathering family and friends to share in our abundance of food choices. Food is our connection to each other. The farmer’s share of our food dollar reminds us that there are many people, including the farmers, truckers, grocers and cooks who help bring our food from the farm to our table.”
The Indiana Breakdown:
|Ground round||2 pounds||$7.42||$9.02||$9.24||$9.46||2.4%|
|Hot dogs||1 pound||$1.97||$1.90||$2.02||$1.79||-11.4%|
|Hamburger buns||1 package||$1.35||$1.48||$1.40||$1.30||-7.1%|
|Hot dog buns||1 package||$1.32||$1.44||$1.48||$1.37||-7.4%|
|Pork spare ribs||4 pounds||$10.84||$11.68||$11.60||$11.28||-2.8%|
|American cheese slices||1 pound||$2.54||$2.96||$2.92||$2.95||1.0%|
|Baked beans||28-ounce can||$1.90||$2.05||$1.83||$1.75||-4.4%|
|Deli potato salad||3 pounds||$7.83||$7.29||$8.28||$7.80||-5.8%|
|Corn chips||25-ounce bag||$2.82||$3.17||$3.15||$3.36||6.7%|
|Chocolate milk||1/2 gallon||$2.37||$2.39||$2.43||$2.50||2.9%|