Indiana Farm Bureau's Annual Summer Cookout Market Basket Reveals Price Changes for 2022-2023

Wednesday, June 28, 2023

The Indiana Farm Bureau's Annual Summer Cookout Market Basket survey provides valuable insights into the changing prices of essential cookout items between 2022 and 2023. The survey compared the total cost of various food items commonly enjoyed during summer cookouts, offering a glimpse into the financial trends within the state.

The findings showcase the percentage differences in prices for selected items and compare them to the 2023 U.S. average. Here are some notable highlights from the survey:

1. Ground Beef: The cost of 2 pounds of ground beef increased by 12% in Indiana, outpacing the 5% increase seen across the U.S.

2. Cheese: In Indiana, the price of a 1-pound block of cheese experienced a slight decrease of 1%, while the U.S. average remained relatively stable with only a 0.3% change.

3. Cookies: The cost of a 13 oz bag of cookies rose by 17% in Indiana, slightly surpassing the 22% increase observed across the country.

4. Ice Cream: Indiana residents enjoyed a modest 4% increase in the price of a half-gallon of ice cream, contrasting with the 12% decrease in the U.S. average.

5. Strawberries: Prices for 2 pints of strawberries remained relatively unchanged, with Indiana experiencing a mere 0.3% increase, while the U.S. average dropped by 17%.

6. Chips: Indiana saw a 15% increase in the price of a 16 oz bag of chips, slightly higher than the 11% increase seen nationally.

7. Chicken Breast: The cost of 2 pounds of chicken breast increased by 5% in Indiana, aligning with the 14% increase in the U.S. average.

8. Pork Chops: Indiana residents benefited from a marginal decrease of 0.2% in pork chop prices, while the U.S. average increased by 5%.

9. Pork and Beans: The price of a 32 oz can of pork and beans increased by 14% in Indiana, although the U.S. average experienced a 2% decrease.

The survey results highlight the varying price fluctuations of cookout items in Indiana compared to the national average. It serves as a valuable resource for consumers and sheds light on the dynamic nature of food costs, allowing individuals to make informed decisions while planning their summer cookouts.