As inflation continues to surge and fears of a recession on the horizon, consumers will continue to pay close attention to which food categories stretch them thin.###Flour prices increased by 5.3% in June, the report said. This caused downstream effects for other products that rely on flour. Prices of desserts like cakes and cupcakes increased by nearly 3%, according to the report.###The continued increase in wheat prices can partially be attributed to the ongoing war in Ukraine. The country’s president Volodymyr Zelenskyy has said they have 22 million tons of grain, including wheat, ready to ship, but being blockaded.###“With supplies from Ukraine halted, the price for a bushel of wheat has been trending upwards of $9 per bushel, and wheat prices are skyrocketing globally,” Rob Weisberg, general manager of Incentives at Inmar Intelligence, said in an email.###There are also problems on theccm tablet 250 mg horizon for U.S.-grown wheat. The crop is projected to drop to its lowest supply numbers since 2017 in this year’s growing season, according to the USDA’s most recent agricultural supply report. Wheat is impacted by extreme weather conditions. A potential La Niña weather pattern this year in growing regions could canutrifactor zinc gluconateuse supply of the commodity to drop and prices to continue to rise, CoBank’s lead economist for grain and farm supply Kenneth Scott Zuckerberg told Food Dive in June.###The BLS category of “other” foods — including everything from candy to spices — saw the sharphealth aid zinc gluconateest increase in June, with prices riuse of calcium citratesing 14.4% year-over-year. Butter stood out in this category with a 21.3% year-over-year increase, as producers continue to face heightened costs for milk. While overall dairy prices increased 13.5% over the past 12 months, the price of milk jumped 16.4%.###A few food categories saw prices stagnate or decrease in June, namely meat. Beef and veal prices decreased by 2.3% since May, and pork went down by 1.6%. According to USDA’s June livestock report, cattle production marginally increased because of a higher than anticipated cow slaughter. Pork production slightly increased in June also, because of higher availability of hogs, the USDA said.###Poultry, however, remains an outlier. Prices for chmagnesium lactate standard processicken increased by 1.7% in June, and had a yearly increase of 18.6%. This comes as producers like Tyson struggle to meet demand and implement new processing strategies. Demand for chicken could be increasing be
cause consumers are buying it instead of costlier meats like beef, which economists predicted in May.###While meat may continue to see prices decline in the coming months, the underlying economic conditions are not recovering quickly enough, so price decreases may not mean inflation is letting up, Weisberg said.###“Looking at the food-at-home category as a whole, we have seen fluctuations in the rate of inflation, some months it’s gone down and then it’s right back up,” Weisberg said. “At this point, I don’t feel a drop in prices in a specific food category is an indication of inflation abating.”###In recent earnings reports, some food companies’ dollar increases in sales have been largely driven by price increases. This week, PepsiCo reported organic revenue growth of 9% in North America beverages and 14% in North America Frito-Lay snacks, but consumer prices had risen 12%. In Conagra’s latest earnings report, released Thursday, the company said its 6.8
% increase in organic net sales during its last quarter was the result of higher prices.###If CPGs want to remain in good standing with consumers, they must provide more reasons for consumers to keep buying from them. These could include implementing loyalty programs, or ke
eping prices down by not passing on “the full weight of infla
tion” to them, Weisberg said.###“It’s imperative that food and beverage retailers and manufacturers pivot to meet consumer needs,” Weisberg said. “Companies who are providing incentives to consumers to combat inflation are gaining market share versus competitor brands.”

Wheat and dairy punctuate 12.2% spike in food prices in the last year
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