CommonGround aims to be the go-to resource to help moms make food choices based on facts, not fear. Following this year’s extreme drought, there has been much talk about how food prices will be impacted. And, more specifically, how much more consumers can expect to pay for food at the grocery store.

Here are some food-pricing facts from the U.S. Department of Agriculture because there is no need for American families to fear higher-than-average food prices this year.

  1. Retail food price inflation has averaged 2.5 to 3 percent each year for the past 20 years.
  2. Food price inflation for 2012 is expected to be between 3 percent and 4 percent – only slightly above the average range.
  3. For every dollar spent on food in America, farmers see less than 12 cents while the majority goes to food services (33.7 cents), food processing (18.6 cents) and retail trade (13.6 cents).

Read other posts about food prices:

Speak Up: Rising Food Prices?

Drought, food and Huskers? Oh my!

Diane Becker Talks Farming and Food at CommonGround BBQ Luncheon

Food Thanks

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