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USDA Forecasts Food Prices to Rise 3.1% by 2026

2/28/2026

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Story summary
  • The U.S. Department of Agriculture projects food prices will rise 3.1% in 2026.
  • Food away from home is expected to rise 3.7%, while food at home rises 2.5%.
  • Beef and veal prices are forecast to rise 5.5%, while eggs are set to drop 27.4% as avian influenza recovers.
  • Rising costs outpace income growth, straining many consumers, especially those with lower incomes.