Tag: Wells Fargo

Expect Surging Beef Prices to Continue

It is an expensive time to be a carnivore with beef prices surging. Retail beef prices are sizzling despite an overall (and very much welcomed) downturn in the overall prices of food as the holidays …

Beef Prices Hitting New Highs at Retail and Restaurants

Domestic beef prices continue to reach new highs. Retail beef prices hit another record high in August, with the Bureau of Labor Statistics reporting a price of $8.31 per lb., according to Wells Fargo analysis …

What’s Up with Watermelon? Prices, for Starters

While food inflation seems to be cooling in the aggregate, watermelon prices remain red hot. That’s according to Mintec, a market intelligence company, which recently reported prices had surged 49% in mid-July when compared to …

Chicken or the Egg? HPAI’s Impact on Pricing

On the surface, the appearance of highly pathogenic avian influenza (HPAI) in 2022 should have pushed prices up for both chicken and eggs at an equal level. But anyone keeping an eye on supermarket shelves …

Analyst: U.S. Egg Industry in ‘Unprecedented Times’

The U.S. egg industry is in “unprecedented times” as the threat of avian influenza continues to impact prices and availability. That’s according to Eggs Unlimited Global Trade Strategist Brian Moscogiuri, who told The Food Institute …

‘Restaurant Venture Capital’ Doesn’t Mean What it Used To

The meaning of “restaurant venture capital” is changing. While the term has historically referred to funding for brick-and-mortar restaurants, the restaurant venture capitalists of today have shifted their focus to investing in foodservice technology. Last …

The Current State of U.S. Agriculture

Dr. Michael Swanson discusses the current state of U.S. agriculture, including inflation, supply chain pain, fertilizers, and avian influenza.

Analyst: Expect Higher Egg Prices Through 2022

(Editor’s Note 6/15/2022: For updated coverage on the shell egg market, please read “Analysts: Expect Continued Demand for Eggs Despite High Prices“) Egg buyers may have found some relief in March as prices moderated, but …

The Current State of the U.S. Farmer

What’s the current state of the U.S. farmer? With historic heat, record droughts, and unprecedented supply chain problems, The Food Institute Podcast invited Wells Fargo agricultural economist Dr. Michael J. Swanson to discuss market conditions, …