1. International

Good News, Bad News For Super Bowl Meal Planning

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Bloomberg reports that as the Super Bowl approaches, certain popular foods may be more affordable this year than last year.

According to the story, “the price of chicken wings has plunged 22% from last January according to a report from Wells Fargo’s Agri-Food Institute. Then, whole chicken wings were priced at $3.38 per pound, according to a USDA weekly retail price report. Now, they sell for $2.65 per pound as poultry farmers pushed the supply of birds to the highest level since the beginning of 2019.”

At the same time, “Avocados are another bright spot with prices down 20% versus a year ago due to increased plantings and strong crop yields, USDA data show. In Mexico, an important source of the fruit for the US, prices have dropped 40% from a year ago, according to a Bloomberg Index. And sirloin steak is down $1 per pound since last December, according to Federal Reserve Economic Data.”

However, it’s not all good news:  “Beer and wine prices are up 11% and 3%.”

The post <strong>Good News, Bad News For Super Bowl Meal Planning</strong> appeared first on MNB.

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For more than 30 years, Kevin Coupe has been bringing to readers and audiences a wealth of experience, sharp storytelling skills, provocative and contextual insights, unique worldview and serious levity about the world of business and consumers. https://morningnewsbeat.com
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