# 5 Supermarket Staples With Big Price Increases

> An AARP article lists five grocery staples with large price increases, including milk, which is up 17% over the past year. It cites corn costs and labor as contributors to dairy prices. It also notes that the USDA expects modestly lower milk prices in 2023 as the dairy herd expands.

- Date: 2022-07-20 · published 2022-07-20T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/40508-5-supermarket-staples-with-big-price-increases
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher feed and labor costs are feeding into dairy prices, though USDA expects moderation as herd expansion adds supply. Dairy producers' margins depend on the relationship between milk prices and feed costs.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-01-18 | [UK inflation edges down to 10.5% in December, food prices surge](https://feedsoft.ai/events/38018-uk-inflation-edges-down-to-10-5-in-december-food-prices-surge.md) | -0.3% | -8.0% |
| MILK | 2022-03-01 | [High input costs temper strong milk prices \| Capital Press](https://feedsoft.ai/events/42419-high-input-costs-temper-strong-milk-prices-capital-press.md) | +8.1% | +7.1% |
| MILK | 2019-04-30 | [Farmers are expected to be cautious with improving dairy prices - Brownfield Ag News](https://feedsoft.ai/events/59728-farmers-are-expected-to-be-cautious-with-improving-dairy-prices-brownfield-ag.md) | +3.3% | +2.6% |
| MILK | 2021-12-22 | [US butter market shifting from abundance to scarcity \| Dairy Processing](https://feedsoft.ai/events/43597-us-butter-market-shifting-from-abundance-to-scarcity-dairy-processing.md) | -0.3% | +9.6% |
| MILK | 2019-05-01 | [Milk prices on upswing](https://feedsoft.ai/events/59221-milk-prices-on-upswing.md) | +3.1% | +2.6% |

## Sources

- aarp.org: https://www.aarp.org/money/personal-finance/food-staples-with-big-price-increases/

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