With egg prices up nearly 75% and grocery bills on the rise, Jayson Lusk, Distinguished Professor and Department Head of Agricultural Economics joins Brady Brewer to discuss food price inflation. Jayson is also the Director of the Purdue Center for Food Demand Analysis and Sustainability (CFDAS) which provides dashboards and reports on food data, emerging topics, and consumer trends. Although food prices have been on the rise since the onset of the COVID-19 pandemic, certain grocery items have risen more than others. Jayson shares why many livestock producers are scaling back, the effects of supply chain issues, and how food inflation is affecting consumer spending and preferences.
Podcast provided by Purdue University’s Center for Commercial Agriculture. You can find the CFDAS’s dashboards and the latest report by visiting the CFDAS’s website at https://ag.purdue.edu/cfdas. Slides from this discussion can be found at https://purdue.ag/3XWXZWI.
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