# USDA: Food price inflation in 2024 is forecast at half of 2023 pace - The Packer

> The USDA Food Price Outlook forecasts 2024 all-food prices to rise 2.2%, down from 5.8% in 2023. Food-at-home prices are predicted to rise 1% and food-away-from-home prices 4.3%. For 2025, all-food prices are forecast to rise 2%.

- Date: 2024-07-25 · published 2024-07-25T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/29434-usda-food-price-inflation-in-2024-is-forecast-at-half-of-2023-pace-the-packer
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Slower retail food inflation reflects easing input costs. It has little direct effect on feed commodity prices.

## Sources

- thepacker.com: https://www.thepacker.com/news/retail/usda-food-price-inflation-2024-forecast-half-2023-pace

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.