Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


Consumers' Willingness-to-Pay for All Food, Especially Steak, Increased in Latest OSU FooDS Survey

Fri, 14 Jul 2017 16:11:29 CDT

Consumers' Willingness-to-Pay for All Food, Especially Steak, Increased in Latest OSU FooDS Survey Oklahoma State University’s Agricultural Economics Department released the summary report of the July 2017 edition of the Food Demand Survey (FooDS) this week. According to it, willingness-to-pay for all food products increased compared to a month ago, with steak gaining the most percent increase. Although, the willingness-to-pay for all meat products are below year ago levels.


Expenditures on food eaten at home decreased 2.93% from June to July and expenditures on food purchased away from home decreased 3.60%. Consumers expect lower beef, chicken and pork prices compared to one month ago. Consumers plan to buy less chicken and pork and more beef compared to last month. Plans to eat out increased compared to last month.


Several new ad hoc questions were added to this month’s survey, to gain understanding of consumers’ knowledge and purchasing/eating habits concerning popular nut varieties.


Participants were asked to identify a variety of common nuts both in and out of their respective shells.


With shells on, almost 80% of participants correctly identified the photo of the walnut. Just over half of the participants correctly identified the photo of the pecans. Only 24.2% of respondents correctly identified the hickory nut.


The majority of participants correctly identified each picture of the shelled nuts, with the exception of the hickory nuts. 88.6% of participants correctly identified the almonds and almost 80% of participants correctly identified the macadamia nuts. Only 12.3% of participants correctly identified the hickory nuts. Most participants thought the hickory nuts to be either walnuts or pecans.


Finally, participants were asked about how often they consumed each variety of nut.


The option “never” ranked highest in the pecan, walnut, macadamia, hazelnut, hickory, pistachio, and chestnut categories. 18.9% of participants stated they eat almonds monthly. 18.6% of participants stated they eat cashews 3 - 6 times per year. About 20% of participants said they eat peanuts 7 - 11 time per year.


To take a look at the complete summary report of this edition of the FooDS Survey, click or tap here.


Source - Oklahoma State University




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Leaders of Oklahoma's Ag Community Applauds Senator James Lankford's Defense of NAFTA Treaty  Fri, 17 Nov 2017 15:14:58 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, November 17, 2017  Fri, 17 Nov 2017 14:44:51 CST
  • Zoetis Offers Producers Recommendations on How to Properly Time Vaccinations to Avoid Scours  Fri, 17 Nov 2017 14:37:49 CST
  • Noble Research Institute's Austin Miles, One of Five Selected for NCBA's 'Top of the Class' Program  Fri, 17 Nov 2017 14:25:35 CST
  • Tractor Supply Raises Nearly $45,000 for Oklahoma 4-H with Its In-Store Paper Clover Campaign  Fri, 17 Nov 2017 14:16:15 CST
  • Courtney Talbot of Stilwell, Okla. Recognized as a Significant Woman in Oklahoma Agriculture  Fri, 17 Nov 2017 14:08:22 CST
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 17 Nov 2017 13:59:03 CST
  • Bayer Animal Health Offers Complete Line of Defense to Keep Cattle in Peak Performance this Winter  Fri, 17 Nov 2017 12:39:55 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI