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The Economics Behind The Headlines: April 2008

ERS Data and Analysis Can Shed More Light on Current Events

In the News

Strong Global Food Demand Profiting South America’s Producers (Los Angeles Times, April 1, 2008)

From ERS

Global Market Opportunities Drive Beef Production Decisions in Argentina and Uruguay. Argentina and Uruguay are increasingly important suppliers of beef in global markets. Keys to both countries’ success in international markets are certification and traceability programs, which have been improved in response to recent cattle disease outbreaks.

In the News

Could Less Corn Mean Higher Food Prices? (Wires, March 31-April 1, 2008)

From ERS

Corn Prices Near Record High, but What About Food Costs? Higher corn prices increase animal feed and ingredient costs for farmers and food manufacturers, but pass through to retail prices at a rate less than 10 percent of the corn price change. And foods using corn as an ingredient make up less than a third of retail food spending. A number of marketing adjustments could also temper the effect on food prices.  

See previous economics behind the headlines

 

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Updated date: August 8, 2008