4TH OF JULY JUST GOT MORE EXPENSIVE
Written by Peter Boykin on July 1, 2022
Shared By Peter Boykin – American Political Commentator / Citizen Journalist
The price of a 4th of July cookout in 2022 is up 17% from the summer of 2021 when the Biden White House bragged on Twitter that it had lowered the cost of a summer cookout by $0.16.
Back up: On July 1, 2021, the White House tweeted:
“The cost of a 4th of July cookout in 2021 is down $0.16 from last year”
This was a mere 1% decrease from 2020.
The numbers: Every year the American Farm Bureau Federation (AFBF) puts out a report that calculates the average cost of a 4th of July cookout for 10 people.
In 2021 the average cost was $59.50
In 2022 the average cost is up to $69.68
Diving deeper: The AFBF looks at popular staple items like cheeseburgers, pork chops, chicken breasts, potato salad, strawberries, and ice cream.
The biggest increase came from group beef, which is up 36% from last year
Big picture: AFBF Chief Economist Roger Cryan wants to remind consumers that even though they’re paying more, farmers are still falling behind:
“In many cases the higher prices farmers are being paid aren’t covering the increase in their farm expenses. The cost of fuel is up and fertilizer prices have tripled.”
[Source: Fox News]
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