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To see the text of the associated Eco-Economy Update, click here:
WORLD FOOD PRICES RISING:
Environmental Neglect Shrinking Harvests in Key Countries

American Farm Bureau Marketbasket Survey, First Quarter 2004
Item
First Quarter 2003
First Quarter 2004
Change
U.S. Dollars
Percent
Ground chuck (1 pound)
$2.10
$2.48
+18
White bread (20-ounce loaf)
$1.32
$1.36
+3
Cheerios (10-ounce box)
$2.78
$3.00
+8
Apples (1 pound)
$1.05
$1.22
+16
Whole fryers (1 pound)
$1.05
$1.24
+18
Pork chops (1 pound)
$3.10
$3.42
+10
Eggs (1 dozen)
$1.22
$1.59
+29
Cheddar cheese (1 pound)
$3.30
$3.46
+5
Bacon (1 pound)
$2.91
$3.00
+3
Mayonnaise (32-ounce jar)
$3.14
$3.27
+4
Russet potatoes (5 pound bag)
$1.89
$1.96
+4
Sirloin tip roast (1 pound)
$3.21
$3.52
+10
Whole milk (1 gallon)
$2.80
$2.87
+2
Vegetable oil (32-ounce bottle)
$2.25
$2.76
+23
All-purpose flour (5-pound bag)
$1.53
$1.62
+6
Corn oil (32-ounce bottle)
$2.41
$3.09
+28
Source: American Farm Bureau Federation, Marketbasket Survey (Washington, DC: March 2004).

 

See data for World Grain Production, 1961-2003

 

 

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