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Where Are Food Prices Headed In 2009? - A Webinar Featuring USDA economist Ephraim Leibtag

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Recorded Feb. 24, 2009

Following two years of accelerated food price inflation, what is the outlook for food prices in 2009? As the U.S. and global economies have fallen into a recession and commodity and energy prices have fallen 30% to 60% over the past few months, the food industry faces lower costs, but greater uncertainty. Both the depth and breadth of the current recession will have an impact on the food sector and ultimately affect the prices charged by food makers and retailers and subsequently paid by consumers.

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