Wisconsin's food prices jumped four percent in the third quarter. But there may be some relief in sight.
Tom Thieding at the Farm Bureau Federation says meat and dairy products top the list of increases. Primarily poultry where the rising cost of grain is finally reaching consumers.
Dairy prices were at record highs as you may have noticed when you bought milk but Thieding thinks that may change soon. Futures indicate we may be at the top end of dairy prices and they may start to drop in the last quarter and into next year.
Energy costs top the list of reasons for the increases. It just costs more to get food from the farm to the processor and on to the market. Thieding says energy costs even figure into the packaging of the food.
But Thieding says we should remember food in this country is still a bargain compared to the rest of the world.
