Business
Fourth of July inflation celebration! Cookout prices up 17%
The annual report said the average cost for a summer barbeque for 10 people will cost U.S. consumers $69.68, or about $7 per person. This includes ingredients for Fourth of July cookout staples like cheeseburgers, pork chops, chicken breasts and potato salad
July 4, 2022 1:50pm
Updated: July 4, 2022 3:25pm
The American Farm Bureau Federation announced that the cost of Independence Day grilling has gone up 17% compared to last year.
The annual report said the average cost for a summer barbeque for 10 people will cost U.S. consumers $69.68, or about $7 per person. This includes ingredients for Fourth of July cookout staples like cheeseburgers, pork chops, chicken breasts and potato salad.
This is about $10 more than 2021, where the average cost of a July 4th cookout was $59.50 – a 17% increase.
The average cost of this year’s summer cookout for 10 people comes in at $69.68—or less than $7 per person, according to Farm Bureau's marketbasket survey. Here's how much you can expect to spend on your summer cookout items 👉 https://t.co/LmLDguvJOx pic.twitter.com/nIsfzi3mp7
— American Farm Bureau (@FarmBureau) June 27, 2022
“Despite higher food prices, the supply chain disruptions and inflation have made farm supplies more expensive; like consumers, farmers are price-takers not price-makers,” said AFBF Chief Economist Roger Cryan in a press release.
He added, “Bottom line, in many cases the higher prices farmers are being paid aren’t covering the increase in their farm expenses. The cost of fuel is up and fertilizer prices have tripled.”
The same annual Farm Bureau report was cited by the Biden administration in its widely panned tweet last year that the cost of a 4th of July BBQ was down 16 cents from the previous year amid rising inflation.
Planning a cookout this year? Ketchup on the news. According to the Farm Bureau, the cost of a 4th of July BBQ is down from last year. It’s a fact you must-hear(d). Hot dog, the Biden economic plan is working. And that’s something we can all relish. pic.twitter.com/7h9qLauIbC
— The White House (@WhiteHouse) July 1, 2021
Critics pointed out the 2021 average cost was indeed less than one percent lower than 2020’s, but 8% higher than 2019.
The White House twitter account has not celebrated the Farm Bureau’s report this year.
Data for the survey was collected by 176 volunteers across the U.S. and in Puerto Rico.
The retail price of ground beef rose the most, up 36% from last year. The full list of groceries measured by the Farm Bureau:
- 2 pounds of ground beef, $11.12 (+36%)
- 2 pounds of boneless, skinless chicken breasts, $8.99 (+33%)
- 32 ounces of pork & beans, $2.53 (+33%)
- 3 pounds of center cut pork chops, $15.26 (+31%)
- 2.5 quarts of fresh-squeezed lemonade, $4.43 (+22%)
- 2.5 pounds of homemade potato salad, $3.27 (+19%)
- 8 hamburger buns, $1.93 (+16%)
- Half-gallon of vanilla ice cream, $5.16 (+10%)
- 13-ounce bag of chocolate chip cookies, $4.31 (+7%)
- 2 pints of strawberries, $4.44 (-16%)
- 1 pound of sliced cheese, $3.53 (-13%)
- 16-ounce bag of potato chips, $4.71 (-4%)