The view Americans have of the economy and inflation played a large role in the 2024 presidential election, with the increasing cost of eggs and other grocery items often used as easy-to-understand examples of rising costs.
Almost four months later, the U.S. Department of Agriculture is predicting that egg prices will increase by 41.1 percent more over current prices. The report was released on Feb. 25, 2025.
The Food Price Outlook, an annual report from the agency, provides a summary of consumer and producer price index data, with several forecasts across multiple categories of food items.
The report stated, “Retail egg prices increased by 13.8 percent in January 2025 after rising by 8.4 percent in December 2024 … Egg prices are predicted to increase 41.1 percent in 2025.”
Additionally, the USDA forecasts increases in the following categories:
- Beef and veal: 3.2%
- Pork: 1.2%
- Poultry: No change
- Sugar and sweets: 6.4%
- Non-alcoholic beverages: 4.4%
- Fresh fruits: 2/4%
- Processed fruits and vegetables: 1.1%
- Fats and oils: Less than 1%
“In 2025, overall food prices are anticipated to rise slightly faster than the historical average rate of growth. In 2025, prices for all food are predicted to increase 3.4 percent, with a prediction interval of 1.1 to 5.9 percent. Food-at-home prices are predicted to increase 3.3 percent, with a prediction interval of -0.2 to 7.0 percent. Food-away-from-home prices are predicted to increase 3.4 percent, with a prediction interval of 2.1 to 4.7 percent.” ~ Source: U.S. Department of Agriculture, Feb. 25, 2025.
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Tags: economy, egg prices, grocery prices, inflation, Payroll, trump, USDA
