CPI FORECAST

Meats, poultry, and fish: USDA food price forecast

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USDA ERS forecasts Meats, poultry, and fish to change between 3.6% and 5.8% (midpoint 4.7%) in 2026.

USDA ERS forecasts Meats, poultry, and fish to change between -4.8% and 10.8% (midpoint 2.5%) in 2027.

A forecast interval is a range. The midpoint is the centre of that range, not a promise about what will happen.

Forecast and history for Meats, poultry, and fish

ERS labelValue
Lower bound of forecast interval 20263.6%
Midpoint of forecast interval 20264.7%
Upper bound of forecast interval 20265.8%
Lower bound of forecast interval 2027-4.8%
Midpoint of forecast interval 20272.5%
Upper bound of forecast interval 202710.8%
Relative importance13.6%
Month-to-month July 2026 to August 20260.1%
Year-over-year August 2025 to August 20263.5%
Year-to-date avg. 2026 to avg. 20254.2%
Annual 20241.7%
Annual 20254.7%
20-year historical average3.1%

Track record: past forecasts compared with the final figure

For each past year that has a final annual figure in the data, this table shows the forecast ERS made in the first month available for that year and the final published value for the year. Both columns are read from the previously published estimates record.

YearFirst forecast availableForecast (%)Final (%)
2003January 20031.5 to 24
2004July 20031.5 to 27.4
2005July 20042 to 32.4
2006July 20051 to 20.8
2007August 20060.5 to 1.53.8
2008July 20072 to 34.2
2009July 20085 to 60.5
2010July 20091.5 to 2.51.9
2011July 20102.5 to 3.57.4
2012July 20114.5 to 5.53.6
2013July 20123 to 42.1
2014July 20132.5 to 3.57.2
2015July 20143 to 41.9
2016July 20152.5 to 3.5-3.5
2017July 20161.5 to 2.5-0.1
2018July 20171 to 20.7
2019July 20180.5 to 1.51
2020July 20190 to 16.3
2021July 2020-0.5 to 0.56.8
2022July 20212 to 39.6
2023July 20222 to 32
2024July 20233.31.7

Years shown: 2003 to 2024 (22 years in the record for this category).

Source records: changes-in-consumer-price-indexes-2024-through-2027, consumer-price-index-cpi-forecasts-previously-published-estimates, from the USDA Economic Research Service Food Price Outlook. Figures cover August 2026. Data fetched 2026-09-28.