Prices: Supermarket vs Restaurants – June 18, 2024

Prices: Supermarket vs Restaurants

Although frustrated by high prices, most Americans feel grocery prices are “somewhat” or “very” fair, while they are more likely to label prices at restaurants as unfair, according to results released on Monday. Fast food restaurants got the lowest ratings and 52 percent of respondents said they cut back their trips to fast food outlets because of high prices.

Little to no U.S. immunity to H5N1 avian flu virus

Blood tests show “there is extremely low to no population immunity” among Americans to the H5N1 avian flu virus, said the Centers for Disease Control. Most of the population would be vulnerable if the virus mutated to become more readily contagious, said the CDC, but it has identified two candidate vaccines that would offer “good cross-protection” against it.

EPA tailpipe rule faces new lawsuit

The EPA overstepped its authority with its so-called tailpipe rule that requires automakers to sharply reduce greenhouse gas emissions from cars and pickup trucks, said the Renewable Fuels Association (RFA) and the National Farmers Union in a lawsuit filed in U.S. appellate court on Monday. It was the second lawsuit in four days to challenge the regulation.

TODAY’S QUICK HITS

Brown retires at Chicken Council: Mike Brown has retired after 13 years as president of the National Chicken Council, a trade group for the broiler chicken industry; attorney Gary Kushner will serve as interim president until a successor is named. (NCC)

USDA solar energy funding: Agriculture Secretary Tom Vilsack announced $81 million in partially forgivable loans to build a grid-connected solar system in western Colorado and two solar and battery storage projects in Weld County. (USDA)

China targets EU pork: Five days after the EU said it would impose anti-dumping tariffs on Chinese-made electric vehicles, China announced an anti-dumping investigation of European pork exports; the EU is the source of half of China’s pork imports. (Reuters)

Corn, soy conditions dip: Some 72 percent of the U.S. corn crop and 70 percent of the soybean bean crop was in good or excellent condition at the start of this week, a decline of 2 points for each crop since the previous week. (USDA)

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