Southern Crop

Southern Crop

Food Price Outlook

At ERS, work on the CPI for food consists of several activities. ERS reports the current index level for food, examines changes in the CPI for food, and constructs forecasts of the CPI for food for the next 12-18 months. Forecasting the CPI for food has become increasingly important due to the changing structure of food and agricultural economies and the important signals the forecasts provide to farmers, processors, wholesalers, consumers, and policymakers.

 

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U.S. wheat growers are likely to lose some market share in Japan in the coming years because of a free trade agreement between Japan and the European Union, and the newly constituted Comprehensive and Progressive Trans-Pacific Partnership, a new USDA report warns.   Read more

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