Gen Z households are struggling more to put food on the table compared to those of Millennials, Gen X and Boomers. Thirty percent report seeking groceries from a food pantry, church or other charity in the last 30 days.
“Food inflation is a hot topic,” Michael Swanson says noting that overall prices in the category are running at 6% higher than a year ago, whereas typically year-to-year food inflation is 1%.
Beef production, and I agriculture in general, has become a pretty contentious issue over the past several years. Most often, the criticism is directed at us while we try to defend ourselves in a graceful manner.