USDA’s Food Price Outlook shows grocery store items 2.3% cheaper amidst record biodiesel production

December 27, 2016 |

In Washington, as Americans set the table for another holiday meal this year, they are paying less for it, according to the USDA’s Food Price Outlook. The Consumer Price Index for grocery store items is 2.3 percent lower than the last year, all while biodiesel production is higher than ever.

“Food is a universal part of most holiday celebrations, and this year prices have dropped even as biodiesel production is breaking records,” said Donnell Rehagen, CEO of the National Biodiesel Board. “As we’ve said for almost a decade, more biodiesel production helps the food supply, despite what opponents incorrectly claim.”

Category: Fuels

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