Study Suggests Grocery Prices Not as Much of a Burden In Michigan as Other States

American meat supplies have been piling up for much of 2018, and for Sanderson Farms Inc., the nation’s third-largest poultry processor, that means much lower prices for its products. …

U.S. consumer demand for retail meat remains exceptionally strong despite higher prices stemming from increased production costs and supply chain limitations. However, once the full effects of producer price inflation finally hit retail meat cases, consumer demand for meat will be tested again, according to a new report from CoBank’s Knowledge Exchange. …

“Per capita egg consumption is up near historical levels, but supply concerns appear to be affecting market prices,” said Chief Executive Dolph Baker. …