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The Detroit Tribune
Detroit, Wayne County, Michigan
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1958 food price outlook: higher until mid-year vs. early 1957, then stable vs. late 1957. Focus on meat, especially pork supplies from seasonal crops and expected price ranges for loin roasts.
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You and your food budget—how will you fare in '58? Until mid-1958 food prices in your market may be a bit higher than they were during the first 6 months of 1957. After mid-1958 food prices will probably be no higher than they were during the last 6 months of 1957. Supplies and seasons affect food prices. How much you spend depends on you. These guides may help—watch food market trends, study food forecasts and plan to fit your needs and pocketbook.
MEAT
You needn't keep your range hot between meals, but there will be plenty of roasts, chops, steaks and hamburgers in 1958.
PORK—Pork supplies in 1958 will come in two parts. (as they do each year) 1957's fall pig crop will furnish pork eating for the first part of 1958. Pork prices will be about the same as they were in 1957.
When you paid 40 to 50 cents a pound for pork loin roast.
1958's spring pig crop will furnish pork eating for the last part of 1958.
Pork supplies for last part of '58 will be bigger than first of the year supplies.
That pork loin roasts may cost only 35 to 40 cents a pound.
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Event Date
1958
Story Details
Food prices may be higher until mid-1958 than first half of 1957, then no higher than last half of 1957. Supplies and seasons affect prices. Advice to watch trends, study forecasts, plan for needs and budget. For meat, plenty of roasts, chops, steaks, hamburgers. Pork supplies in two parts: 1957 fall crop for first part of 1958 at 1957 prices (40-50 cents/lb loin roast); 1958 spring crop for last part, bigger supplies, possibly 35-40 cents/lb loin roast.