Food Economist | Professor and Noel W. Stuckman Chair in Food Economics and Policy at Michigan State University | Venezuelan 🇻🇪
As we enter 2025, the #food economy faces major developments that will shape the sector. Here are 5 issues I’ll be watching closely: 🧵
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Reposted by David L. Ortega
Reposted by Richard Waite, David L. Ortega
HASSETT: Well if you look at Walmart--
KARL: Wait a minute. I've gotta stop you. The Walmart package this year contains much less than the one last year. That's why the price is less.
Reposted by David L. Ortega, Timothy D. McBride
Details are still unclear.
via Grace Yarrow for @politico.com
www.politico.com/news/2025/11...
Delays in #SNAP payments strain budgets and ripple through communities.
I spoke with @nytimes.com about what’s at stake for families and food retailers. 👇
Reposted by David L. Ortega
MIKE JOHNSON: All of the economist have shown that food prices always go up. There's an inflationary level that's built in to grocery prices.
Also those price increases for coffee, ground beef, chocolate, bananas, and canned goods in recent months? That’s in large part the tariffs!
MIKE JOHNSON: All of the economist have shown that food prices always go up. There's an inflationary level that's built in to grocery prices.
Reposted by David L. Ortega, Southern Africa
In recent years, the FDA has typically been able to conduct ~110 foreign food inspections each month, but in March, the number of inspections dropped almost in half.
Wholesale turkey 🦃 prices 40%🔺y/y
Retail beef roast 🥩 prices 18%🔺
Groceries are up 1.6% 🔺
Menu prices are up 2.5% 🔺
Reposted by David L. Ortega
Cocoa costs have surged to record highs after years of poor harvests in West Africa — where most of the world’s cocoa is grown.
The result? Smaller bars, more fillers, and higher prices.
Reposted by David L. Ortega
I wrote about what this could mean for Thanksgiving, egg prices, and biosecurity. 🧵
Reposted by David L. Ortega
@politico.com #SNAP
www.politico.com/news/2025/10...
- stops $ to buy US farmers' products for hungry Americans shrinking farmers' domestic market
- vaporizes US farmers' foreign markets via tariffs
- sends billions tax $ to Argentina to bail out Trump donors while Argentina boosts its farmers sales to US farmers' former customers
Reposted by Richard Waite
🔗 Full segment youtu.be/YqIGSdKn184
BROOKE ROLLINS: Yes, the president has said he's in discussions with Argentina. It will not be very much. Argentina is also facing a foot and mouth disease issue.
Reposted by David L. Ortega
BROOKE ROLLINS: Yes, the president has said he's in discussions with Argentina. It will not be very much. Argentina is also facing a foot and mouth disease issue.
www.nytimes.com/interactive/...