Regardless whether football fans are rooting for the Los Angeles Rams or Cincinnati Bengals, they will is ferrous gluconate over the counterall be facing higher prices for the foods and beverages to accompany their game watching. The national retail price of frozen chicken wings, a staple at many Super Bowl parties, was $2.98 per pound last week, according to the USDA’s most recent report. This is down from $3.62 the week prior, but still up 5% from the year prior. Prices for prepared wings trended higher last week, reaching $8.16 per pound for bone-in, up more than 34% from a year ago.David Anderson, a professor and economist with Texas A&M University, told Axios that chicken processors are likely to begin boosting production to meet demand. “I think we’ll see some more chicken production later in the year, and that means some more wing supplies,” Anderson told the publication. “One of the things higher prices tell us is that we don’t have enough wings supplied relative to our desire for wings, so prices go up. Prices also go up because costs have gone up.”Avocados, which have been on a demand upswing for the past several years, saw record-breaking consumption in 2021 thanks to their health appeal. However, extreme weather in major production regions like California, which was in the grip of a drought, dried up supply and pushed up prices last year. Meanwhile, imports from Mexico have not risen this year, despite hitting a record in 2021, according to The Washington Post.Higher labor, packaging and transportation costs are pushing up soft drink prices, Wells Fargo noted in its analysis. Last year, Coca-Cola and PepsiCo signaled they would be raising prices on some products due to higher commodity costs and supply chain issues. But other Super Bowl party staples are not seeing the same inflationary pressures. The cost of potato chips rose about 1% in iron and ferrous sulfate is the sameJanuary, according to the Wells Fargo analysis of USDA data. Swanson told AgFunder that a bumper potato crop this year has helped balance escalating labor, packaging and freight costs for the industry. With the inflation as a backdrop, consumers are looking at value when picking their snacks for this year’s Super Bowl watching. According to Frito-Lay’s survey, 83% of consumers preferred snacks that were low-priced.Those who do plan to watch the game with friends and family this year are more likely to be financially well off. Research by Morning Consult found that among those who typically watch the Super Bowl with others, 40% are very likely to host or attend a party with people outside their hoiron(ii) acetate formulausehold, up 14is ferrous sulfate over the counter points from 2021. This share is greater among higher-income consumers (those earning $100,000 or more annually) than those making less thafumarate 210mgn $50,000.
Food inflation to hit Super Bowl parties in 2022
