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An IRI survey of August grocery shoppers shows food inflation remains very high and is changing how consumers buy groceries and eat out. Shoppers report out-of-stocks of items including eggs, milk and chicken.
Price-sensitive consumers trading down may weigh on demand for higher-priced meat, while out-of-stocks signal supply tightness in eggs and chicken. The effect on feed markets is indirect.
provisioneronline.comAnne-Marie RoerinkSep 14, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
