![]() So anywhere from 55 to 85% of the market is controlled by the top four producers in those industries. If you look at that market, the thing that is striking is across a beef, poultry and, and pork, significant consolidation in those industries. The real drivers in these three areas is these three proteins. And if you look at a category of prices like eggs, obviously a similar supply chain, similar input and feed cost to poultry, the price of eggs has actually come down over the last couple of months. ![]() And we’ve seen some categories, for example fresh fruits and vegetables, prices have actually declined since the end of last year. In a number of areas, if you take out those three categories, we’ve actually seen in price increases that are more in line with historical norms. In fact, if you look at the category that is grocery prices, what economists call food at home, so food that is being purchased to eat at home. And in beef and pork, we’ve seen double digit increases in prices over the last couple of months. And if we unpack that, one of the interesting findings of the report that we put out today is that about half of the overall increase in grocery prices can be attributed to a significant increase in prices in three products, in beef, in pork and in poultry. But as Jen said, the context here is the appropriate focus on the question of grocery prices and the increase in grocery prices that we have seen recently over the last couple of months. I’ll be brief and just provide a little bit of market context and then let Secretary Vilsack really get into the steps we’re taking as an administration. Which includes stepping up antitrust enforcement, investing in small businesses workers and a more competitive supply chain, our efforts to get ahead of climate related disruptions and the need for legislation to make cattle markets more transparent and fair. And Secretary Vilsack will discuss the actions our administration is taking to build back a better food system. And that there’s an underlying corporate consolidation problem with meat processing giants that we need to address so that families can pay lower prices at the grocery store and farmers and ranchers can earn more. Brian will discuss the details of the data, namely that beef, pork and poultry are the real drivers of increased grocery store bills. But on my best days, and as I look back, and when I look back, I hope I followed the example of integrity and grace that they have set for all of us, and do set for all of us every day.So Director Brian Deese are here to talk to you about what we’re seeing behind increases in grocery food prices and what the Biden Harris administration is doing to lower prices for families. "The small sliver of – of my job here in engaging with all of you, that doesn't - not mean that we have let our Irish side show, mine and the president's as well, from time to time. Looking back at the last 15 months and 244 briefings, Psaki said she was "very nervous" when she first visited the Bidens in Delaware in November 2020, saying the majority of that conversation was about "the importance of returning integrity, respect, and civility to the White House."Īfter bringing back the daily press briefings that had grown heated and then mostly disappeared under the Trump administration, Psaki appeared to relish good-natured sparring with reporters while consistently defending Biden administration policy, making her a favorite target of Fox News hosts and even former President Donald Trump. ![]() Outgoing White House press secretary Jen Psaki delivered an emotional farewell from the briefing room podium Friday afternoon - expressing thanks to President Joe Biden, her administration colleagues and even the White House press corps.
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