_{Mary Norkol is a Gary Marx Journalism Fund fellow.}

As Americans pay more for gas, housing and groceries during inflation, prices for agricultural products have jumped in a year’s time as well.

The prices for wheat, coarse grains, rice and milk have all risen since this time last year, according to the season-average farm prices tracked by the U.S. Department of Agriculture.

Inflation has soared to decades-high levels recently. In response, the Federal Reserve raised rates following historic lows put in place due to the COVID-19 pandemic. As American consumers feel the effects of inflation, so do farmers.

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_{Top image: Grain stored outside after harvest near Champaign, Illinois, on Nov. 6, 2015. photo by Darrell Hoemann, Investigate Midwest}

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GRAPHIC: Wheat, rice and milk prices have increased since last year

by Mary Norkol, Investigate Midwest, Investigate Midwest
July 21, 2022

<h1>GRAPHIC: Wheat, rice and milk prices have increased since last year</h1>
<p class="byline">by Mary Norkol, Investigate Midwest, Investigate Midwest <br />July 21, 2022</p>
 
<p><em><sub>Mary Norkol is a Gary Marx Journalism Fund fellow.</sub></em></p>
<p>As Americans pay more for gas, housing and groceries during inflation, prices for agricultural products have jumped in a year’s time as well.</p>
<p>The prices for wheat, coarse grains, rice and milk have all risen since this time last year, according to the season-average farm prices <a href="https://www.usda.gov/oce/commodity/wasde/wasde0722.pdf">tracked by the U.S. Department of Agriculture</a>.</p>
<p><strong><em>[Read more: <a href="https://investigatemidwest.org/2022/06/30/graphic-beef-and-pork-producers-are-earning-less-while-meat-consumers-are-paying-more-than-a-year-ago/" target="_blank" rel="noreferrer noopener">GRAPHIC: Beef and pork producers are earning less while meat consumers are paying more than a year ago</a>]</em></strong></p>
<p>Inflation has soared to decades-high levels recently. In response, the Federal Reserve raised rates following historic lows put in place due to the COVID-19 pandemic. As American consumers feel the effects of inflation, so do farmers.</p>
<p>
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<p><em><sub>Top image: Grain stored outside after harvest near Champaign, Illinois, on Nov. 6, 2015. photo by Darrell Hoemann, Investigate Midwest</sub></em></p>


 <p>This <a target="_blank" href="https://investigatemidwest.org/2022/07/21/graphic-wheat-rice-and-milk-prices-have-increased-since-last-year/">article</a> first appeared on <a target="_blank" href="https://investigatemidwest.org">Investigate Midwest</a> and is republished here under a Creative Commons license.<img id="republication-tracker-tool-source" src="https://investigatemidwest.org/?republication-pixel=true&post=734393&amp;ga4=G-R9VE8P61LG" style="width:1px;height:1px;"></p>