Publisher's Synopsis
Excerpt from National Food Situation, Vol. 115: February 15, 1986
Retail prices of foods from crops in 1965 averaged 1 percent higher than a year earlier and per capita consumption was up slightly. Potato prices jumped to record-high levels during spring and summer months as a result of reduced supplies from the previous fall's crop. But, prices dropped later in the year as the large 1965 fall crop came to market. Potato prices will remain well below year-earlier levels at least into the summer months this year as large storage supplies are worked down.
Fresh vegetable prices skyrocketed last spring because of temporary shortages of a few sensitive items such as lettuce. Prices of a few vegetables, such as tomatoes, jumped again in December because bad weather cut fresh sup plies. But, for the year, average fresh vegetable prices were up only slightly. Weather damage at the end of January 1966 again caused prices to increase for some fresh vegetables. Canned vegetable supplies in early 1966 are smaller and prices are generally higher than a year ago, particularly for tomato prod ucts. Frozen vegetables are in plentiful supply but prices are mostly firm.
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