Online Grocery Shopping and Farm Numbers Lowest Since Civil War
From the Ag Information Network, this is your Agribusiness Update. I’m Bob Larson.
**Data from USDA’s Economic Research Service shows that nearly 20% of shoppers purchased groceries online in 2022, but the frequency varied.
Among those who bought groceries online in 2022, 30.2% did it once, 25.1% did it twice, and 44.7% purchased groceries online three or more times.
Time constraints were the main reason people bought groceries online, while others prefer being able to see and touch products in person.
**The national average gas price fell for the first time in over a month.
The average gas price stands at $3.24 per gallon, down 1.9 cents from a week earlier.
The national average is up 13.3 cents from a month ago but 9.2 cents lower than a year ago.
The national average DIESEL price fell 2.6 cents last week and stands at $4.06 per gallon, 33 cents lower than a year ago.
**The number of farms in the U.S. has fallen below 2 million for the first time since before the Civil War, according to the 2022 Census of Agriculture.
In 2022, there were over 1.9 million farms in the country, 7% fewer that reported in the 2017 Census.
A farm is defined as an establishment that produces and sells at least $1,000 in ag production in a year.
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