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National & World Ag News Headlines
Cooking Out on July 4th Will Cost Slightly More This Year
USAgNet - 06/28/2016

A cookout of Americans' favorite foods for the Fourth of July, including hot dogs, cheeseburgers, pork spare ribs, potato salad, baked beans, lemonade and chocolate milk, will cost slightly more this year but still comes in at less than $6 per person, says the American Farm Bureau Federation. The Farm Bureau's informal survey reveals the average cost of a summer cookout for 10 people is $56.06, or $5.61 per person.

"Prices in the meat case are starting to look better from the consumers' perspective," said Veronica Nigh, an AFBF economist. "Retail ground round prices are trending lower," she noted, pointing to the nation's cattle inventory and commercial beef production, which continue to rebound from dramatically low levels in 2014 and 2015.

AFBF's summer cookout menu for 10 people consists of hot dogs and buns, cheeseburgers and buns, pork spare ribs, deli potato salad, baked beans, corn chips, lemonade, chocolate milk, ketchup, mustard and watermelon for dessert.

Nigh said the increase in the price of cheese slices highlights the spread in prices that often occurs between values at the farm, wholesale, and retail stages of the production and marketing chain.


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