Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

Why are frozen vegetable prices so high? Blame war, immigration and California weather, economists say

by July 22, 2023
July 22, 2023
Why are frozen vegetable prices so high? Blame war, immigration and California weather, economists say

Even as U.S. inflation broadly cools, frozen vegetable prices are hot.

The average shelf price for frozen veggies rose by 18% in the past year — the largest increase among all grocery items, according to the consumer price index for June 2023.

Among all consumer goods and services, only a few — like motor vehicle repair, school meals and tax-return preparation — saw prices jump faster in the past 12 months, according to CPI data.

The price spike on frozen veggies is attributable to many factors, like immigration trends, high costs for labor and fertilizer, and ripple effects from the war in Ukraine, economists and food experts said.

But perhaps the most consequential event has been unusual weather in California, which is “by far” the biggest supplier of fresh fruits and vegetables in the U.S., said Russell Tronstad, a professor and agricultural economist at the University of Arizona.

Record precipitation ‘provided many challenges’

The Golden State was hit by a deluge of precipitation over the winter. Some areas broke daily rainfall records, and the highest-ever snowpack has been recorded in the Sierra Nevada mountains.

The result: overflowing rivers, mudslides, flooding — and soaked farmland.

“Some areas were just inundated,” which had the effect of decreasing vegetable supply, Tronstad said.

California is the No. 1 national producer for dozens of crops, like broccoli, brussels sprouts, cabbage, carrots, cauliflower, eggplant, kale, lettuce, onions, bell peppers, spinach and tomatoes in processed foods, according to the California Department of Food and Agriculture. It’s the sole producer of crops like celery and garlic.

Overall, the state accounts for nearly half of U.S. vegetable production, according to California Polytechnic State University. It accounted for 42% of total U.S. vegetable sales in 2017, according to most recent data from the Census of Agriculture.

Heavy rain “provided many challenges” for agricultural producers, Pam Knox, an agricultural climatologist at the University of Georgia, wrote recently.

It destroyed crops, delayed planting schedules, and prevented farmers from doing field work for weeks, for example, she said.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
U.S. to ‘beat up’ airlines when necessary for passengers, transportation secretary says
next post
Aranjin Resources Completes Private Placement

Related Posts

‘RFK’ing the french fries’: Steak ‘n Shake becomes...

March 18, 2025

FTC drops Biden-era suit accusing Pepsi of price...

May 24, 2025

As Trump eyes more tariffs, South Korea remains...

February 15, 2025

Walmart to open or expand more than 150...

February 2, 2024

Walgreens plans store closures as CEO says consumers...

June 28, 2024

Federal Reserve official agrees the central bank can...

September 6, 2023

Aldi to add 800 new U.S. grocery stores...

March 8, 2024

Weekly mortgage demand drops to three-month low as...

May 30, 2024

Nvidia’s CEO did a Q&A with analysts. What...

March 23, 2025

AI drive-thru ordering is on the rise —...

July 4, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • How I Triple My Returns With 3x Leveraged ETFs!

    • How to Find Compelling Charts in Every Sector

    • EVs Now Emit 73 percent Less Than Gasoline Cars Over Their Lifetime, Says ICCT Study

    • Cygnus Metals Limited: Issue of Performance Rights

    • FPX Nickel Announces Share-Based Compensation Grant

    • Blue Lagoon Resources Officially Opens Dome Mountain Gold Mine in British Columbia

    Categories

    • Business (1,287)
    • Investing (2,662)
    • Politics (3,699)
    • Stocks (1,711)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved