Kentucky food prices fall, led by vanilla ice cream

jpatton1@herald-leader.comJuly 16, 2013 

Food prices in Kentucky in all six food groups fell in the second quarter, according to the Kentucky Farm Bureau Marketbasket Survey.

It was the first across-the-board decline in more than five years, according to Farm Bureau. The average of $112.70 for 40 basic grocery items was the lowest total since 2010.

Prices fell $3.57, or 3.1 percent, from the same list in the first quarter of the year, and they were down 0.3 percent from the second quarter of 2012.

Kentucky beat the national trend: According to Consumer Price Index figures also released Tuesday, food-at-home prices increased nationally by 0.2 percent in the last month.

Overall, the national average price for food at home has grown by a total of 0.9 percent in the past 12 months.

But in the Farm Bureau survey of grocery stores across Kentucky, beef, dairy, fruits and vegetables, grain, pork and poultry all showed drops in average price, with dairy showing the greatest total decrease, $1.45, or 6 percent.

The biggest price decrease was for a half-gallon of vanilla ice cream, with an average price drop of 62 cents.

One of the few things increasing in price were tomatoes, up an average of 24 cents a pound.

Overall, 28 of the 40 items in the marketbasket survey experienced decreases in average price; 10 items increased; and two items, corn oil and vegetable oil, were unchanged.


AT A GLANCE

Top decreases

The Marketbasket survey's top three average price decreases reported for items in the second quarter of 2013:

Item March 2013 June 2013 Price decrease (%)

Vanilla ice cream (half-gallon)$3.82 $3.20 down 62 cents (-16.2)

Whole smoked ham (1 pound)$2.67 $2.20 down 47 cents (-17.6)

Pork spare ribs (1 pound)$2.80 $2.42 down 38 cents (-13.6)

Top increases

The Marketbasket survey's top three average price increases reported for items in the second quarter of 2013:

Item March 2013 June 2013 Price increase (%)

Tomatoes (1 pound)$1.44 $1.68 up 24 cents (16.7)

White bread (1 pound)$1.49 $1.68 up 19 cents (12.8)

Whole fryer chicken (1 pound)$1.20 up $1.32 12 cents (10)

Janet Patton: (859) 231-3264. Twitter: @janetpattonhl.

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