The top line
Fans watching the Super Bowl at home can expect to pay roughly the same price overall to host a group of 10 as they did last year, as some popular foods like avocados and chicken wings The prices of the had increased significantly, but their prices had increased. According to Wells Fargo’s Super Bowl Food Report, major reductions in chips and certain vegetables.
The Kansas City Chiefs defeated the Buffalo Bills in the AFC Championship NFL football game on Sunday. … [+]
Key facts
Compared to last year, consumers can expect to pay just 0.1% more to host and feed a group of 10 people, with the average game-day gathering costing about $139 for fan favorites, according to the report. is
The largest year-over-year price increases for popular foods were cherry tomatoes (11.9%), avocados (11.5%), red bell peppers (7.4%) and fresh chicken wings (7.2%).
Prices of other vegetables, including celery and broccoli, fell the most from last year, falling 8.4% and 7.2% respectively.
In this year’s report, shrimp protein is the top recommendation in terms of bang for buck, frozen shrimp prices are down 4% from last year as shrimp prices rebound after a pandemic-era price spike. Equilibrium persists and then demand relaxes.
Chips and dip are another more cost-friendly option this year: Onion-flavored chip dip rose just 1.5 percent (pre-inflation), while nacho cheese dip, salsa, tortilla chips, and potato chips rose 0.7 percent. decreased to 5.1 percent. Compared to 2024
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News peg
Super Bowl LIX will be played on February 9 at the Caesars Superdome in New Orleans. The Kansas City Chiefs will face the Philadelphia Eagles in the Super Bowl, which will be broadcast on Fox. Kendrick Lamar will perform the halftime show.
How are beer and wine prices compared to last year?
For the second year in a row, beer and wine prices rose about 2 percent, Wells Fargo said. For non-alcoholic beverages, customers can save by choosing two-liter bottles of soda instead of 12-ounce cans.
Surprising fact
Although avocados were the item with the biggest price increase—and ready-made guacamole dip is only 1.5% higher—Wells Fargo still recommends making guacamole from scratch. “The convenience of prepared foods comes at a price, and labor costs make ready-made guacamole cheaper even as the price of fresh avocados has risen,” the report said. And prices for tortilla chips and potato chips are low, so the report recommends cutting your losses.
Tangent
Wells Fargo’s annual report recommends that Super Bowl party hosts turn to vegetables not only because celery, broccoli and cauliflower are cheaper, but also because of consumer habits of GLP-1 drugs like Ozempic and Wegovy. Because of influence. Last May, one Poll A study by the Kaiser Family Foundation found that one in eight adults—or 12%—had ever used a GLP-1 drug, and they continue to grow in popularity. Data suggests that the habits and preferences of people using GLP-1 drugs, whether for weight loss, diabetes treatment, or both, change over time and become healthier, leading to Grocers respond by emphasizing their healthier options and launching things like wellness programs.
Key background
Food prices rose slightly in 2024, up about 2.3 percent, but inflation was lower than in recent years. Food prices are expected to rise again at a slower pace in 2025. 2.5% According to the historical average rate of growth US Department of Agricultureand only a 1.9 percent increase. Prices for food at home are expected to increase by just under 1%, while prices for food away from home are forecast to increase by 3.5%. Three years ahead, in 2022, the U.S. will see food prices rise 9.9 percent, faster than any year since 1979, the USDA reported. The increase was mostly due to egg and poultry prices which were affected by avian influenza as well as other inflationary pressures. It began to level off the following year, though, and food inflation remained relatively stable last year.
