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Maura Bennett Food Prices
by Maura Bennett, click here for bio

Program: Colorado Ag Today
Date: May 30, 2018

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The cost of living in many Colorado cities continues to rise. Overall the cost of living is 12 percent higher in the state than the national average.

But feeding your family may cost less..depending on your grocery list.

Annemarie Kuhns, USDA food price economist, with a list of foods that might possibly decline in price this year.

And in 2018, retail food prices are expected to rise between 0.5 to 1.5 percent, which is still below the historical average of 2.1 percent.

While milk production is expected to be strong in 2018, dairy exports have strengthened and are expected to continue rising, especially for products with high skim-solid content. Domestic demand for most dairy products is also expected to continue its recovery. The USDA’s Economic Research Service expects retail dairy prices to increase 0.0 to 1.0 percent in 2018.

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