US – Consumers will pay an average of 69.68 for their favorite independence day cookout foods including cheeseburgers, pork chops, chicken breasts, homemade potato salad, strawberries, and ice cream, based on a new American Farm Bureau Federation market basket survey.
The average price according to the farm bureau for 10 people is 69.68 which breaks down to just under seven dollars a person. That’s up from years before.
The Biden administration announced in 2021 that July 4th cookouts would cost “16 cents” less last year doing the same math from the Farm Bureau. The administration attempted to bring to light the slight drop in food prices from last year.
“Despite higher food prices, the supply chain disruptions and inflation have made farm supplies more expensive; like consumers, farmers are price-takers not price-makers,” Cryan said. He added, “Bottom line, in many cases the higher prices farmers are being paid aren’t covering the increase in their farm expenses. The cost of fuel is up and fertilizer prices have tripled.”