FarmPolicy

July 21, 2019

Consumer Price Index- Food Prices Rose in April

The Bureau of Labor Statistics (BLS) noted today in its monthly Consumer Price Index report that, “The food index rose 0.4 percent in April.”

The BLS added that, “The index for meats, poultry, fish, and eggs rose 1.5 percent in April and has increased 3.9 percent over the last three months. The index for meats rose 2.9 percent, its largest increase since November 2003. The index for fruits and vegetables also continued to rise, increasing 0.7 percent. The dairy index also rose in April; its 0.5 percent advance was its sixth increase in a row.”

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Farm Bill; Ag Economy; Rural America; Regs; Immigration; Biofuels; WRDA; and, Food Labels

Farm Bill

Damian Paletta and Josh Zumbrun reported earlier this week at the Washington Wire Blog (Wall Street Journal) that, “The number of Americans receiving food stamps is now falling at a faster clip, with more than 1.2 million people moving out of the program between October and February, according to federal data.

“As of February, the most recent data available, 46.2 million Americans received Supplemental Nutrition Assistance Program benefits. That’s the lowest level since August 2011 and down from the March 2013 peak of 47.7 million people. The $5.8 billion in benefits paid out in February was the lowest level since at least 2010 [related graph].”

The update added that, “SNAP isn’t the only government-assistance program where persistent growth appears to have slowed. The number of people collecting benefits under a supplemental nutritional program for Women, Infants, and Children [WIC] fell to 8.1 million in February, the lowest level in several years.”

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