According to a recent USDA report, retail prices of eggs have “begun to ease,” but consumers are still seeing a historically high spike in cost given an outbreak of avian flu. Cornell University agricultural economists – Wendong Zhang and Andrew Novaković – weigh in on what we could expect to see in terms of egg pricing in 2023 and factors that may play a role in cost.

Food & Agriculture

Dyson School of Applied Economics & Management

Economics and Business

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Increases in food prices means Thanksgiving meals might end up being more expensive for families this year. Bradley Rickard can speak to the rise in prices and how it will hit wallets this Thanksgiving.  

Food & Agriculture

Economics and Business

Dyson School of Applied Economics & Management

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Christopher Barrett comments on how the war in Ukraine is applying pressure on the global food system and threatening to spark a global food crisis.

Food & Agriculture

Dyson School of Applied Economics & Management

International

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As the Omicron variant continues to spread throughout the U.S., shoppers are still faced with empty grocery store shelves as pandemic induced supply chain-related problems persist. Miguel Gómez says worker shortages are causing the current grocery store shortages, which could also be exacerbated by store’s emphasis on direct-to-consumer channels at the expense of an adequate labor force.

Food & Agriculture

Industrial and Labor Relations

Dyson School of Applied Economics & Management

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The U.S. has temporarily suspended all imports of avocados from Mexico following a verbal threat made to U.S. safety inspectors. Miguel Gómez and Desirée LeClercq comment on how the ban may impact the supply of avocados and prices for consumers, as well as how the current climate between Mexico and the U.S. could cause further trade tensions.

Industrial and Labor Relations

Economics and Business

Dyson School of Applied Economics & Management

Industrial and Labor Relations

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The New Year represents a time for new beginnings, with many people focusing on building healthier financial habits. Vicki Bogan and Emily Garbinsky share tips on how to start 2022 off on the right financial foot.

Dyson School of Applied Economics & Management

School of Hotel Administration

Economics and Business

Cornell SC Johnson College of Business

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Richard Stup, agricultural workforce specialist, says growth of American farms is constrained due to demand for farm labor not met by the domestic population and passing the Farm Workforce Modernization Act would be a major step in stabilizing the agricultural workforce.

Law and Policy

Food & Agriculture

Agriculture and Life Sciences

Dyson School of Applied Economics & Management

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Agricultural economist, Christopher Wolf, says Texas farmers who lost power for milkings may see prolonged lower production rates given possible negative health impacts for dairy cows. He adds while it’s possible there will be milk shortages in Texas and the surrounding regions, national milk production levels have been high, so most U.S. consumers will not see supply issues caused by the storm.

Food & Agriculture

Dyson School of Applied Economics & Management

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Grocery stores and food retailers are stockpiling products to prepare for another widespread outbreak of COVID-19 cases amidst the already busy holiday season rush. Edward McLaughlin, professor of food industry management and an expert in the efficiency of food distribution systems says food companies, anticipating another potential wave of COVID-19, are putting previous demand buying models aside and are now sending staple goods to grocery stores, even without an order.

Food & Agriculture

Dyson School of Applied Economics & Management

Economics and Business

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The Federal Reserve is scheduled to wrap up its two-day meeting on Wednesday afternoon, when it will announce its latest policy decisions. While experts do not anticipate a significant shift in the central bank’s posture, many are looking for signs on how the Fed is planning for potentially high inflation in the near future. Cornell experts, Sarah Wolfolds and Shawn Mankind, weigh in on the Fed's likely posture. 

Dyson School of Applied Economics & Management

Economics and Business

Johnson Graduate School of Management

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