# USDA raises food price forecasts for 2022 and 2023 - Pro Farmer

> USDA raised its food price inflation forecasts for 2022 and 2023, now seeing all-food prices rising 9.5% to 10.5% in 2022 and grocery prices up 11% to 12%. Pork and egg price forecasts were also raised, with eggs projected up 26.5% to 27.5% this year.

- Date: 2022-10-25 · published 2022-10-25T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/39134-usda-raises-food-price-forecasts-for-2022-and-2023-pro-farmer
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Higher retail feed-linked protein prices reflect tight supply, mainly from avian influenza in eggs, and do not directly change feed demand, so the impact on feed-ingredient prices is limited.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2025-03-26 | [USDA forecasts pork exports, production increases – AgriNews](https://feedsoft.ai/events/25745-usda-forecasts-pork-exports-production-increases-agrinews.md) | +0.3% | +2.6% |
| HOGS | 2024-04-16 | [USDA predicts lower crop prices for key commodities in 2024 \| Agriculture Dive](https://feedsoft.ai/events/30684-usda-predicts-lower-crop-prices-for-key-commodities-in-2024-agriculture-dive.md) | +1.8% | -1.0% |
| HOGS | 2023-09-12 | [USDA’s Beijing attaché released first projections for China’s 2024 – Pig Farming](https://feedsoft.ai/events/34094-usda-s-beijing-attache-released-first-projections-for-china-s-2024-pig-farming.md) | +0.8% | -2.1% |
| HOGS | 2024-03-01 | [Increased demand raises US hog prices
						 \| The Pig Site](https://feedsoft.ai/events/31352-increased-demand-raises-us-hog-prices-the-pig-site.md) | -0.8% | +1.7% |
| HOGS | 2024-03-19 | [Increased pork demand raises hog prices](https://feedsoft.ai/events/31347-increased-pork-demand-raises-hog-prices.md) | -0.6% | +8.4% |

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/usda-raises-food-price-forecasts-2022-and-2023

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