Max Armstrong continues to discuss the consumer surveys conducted by Purdue. The monthly surveys provide insight into what factors drive consumer buying patterns. Max shares that only a small percentage of respondents blamed high prices at the store to consolidation in the market. Instead they look at Covid-related shutdowns, labor shortages, higher feed prices, higher wages and even higher energy prices.
Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
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Max Armstrong offers insight on a consumer survey evaluating how buyers feel about food prices
