Wis. grocery survey finds prices up slightly - WAOW - Newsline 9, Wausau News, Weather, Sports

Wis. grocery survey finds prices up slightly

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MADISON (WAOW) – A survey of 16 grocery items typically used to prepare one or two meals cost $50.04 at Wisconsin supermarkets, up 13 cents from a year ago, the Wisconsin Farm Bureau Federation reported Thursday.

Higher prices for beef, eggs and dairy contributed to the higher bill, said Casey Langan, a spokesman for the group.

The survey for the state's largest farm organization found eight items increased in price compared with March 2013 and eight items decreased in price.

A national survey of the same 16 food items averaged $53.27, the Farm Bureau said.

Two beef items on the Wisconsin survey – ground chuck and sirloin tip roast – increased the most in price, from 6 to 10 percent, Langan said.

An uptick in the price of beef was expected,” he said. “Strong international demand for beef coupled with tight supplies sends a signal to the marketplace to raise prices. The size of our nation's cattle herd has shrunk to its smallest size since the 1950s.”

The U.S. Department of Agriculture says Americans spend about 10 percent of their disposable income on food.

USDA forecasts that prices for food in grocery stores and restaurants will increase 2.5 percent to 3.5 percent in 2014.

Other items in the grocery survey of prices were apples, potatoes, bagged salad, orange juice, whole milk, shredded cheddar cheese, cheerios, white bread, bacon, sliced deli ham, boneless chicken breast, flour and vegetable oil.

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