Food prices, especially for meat and poultry, have skyrocketed in the past four years and could rise further in 2025, when new Environmental Protection Agency (EPA) rules for meat processors go into effect.
The U.S. Department of Agriculture’s Food Price Outlook for September reported that beef and veal prices had increased for six straight months, and predicted they will rise 5.2 percent overall in 2024. Poultry prices also went up, although by a smaller percentage, and are expected to rise more before year’s end.