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Indiana Farmers Bureau reports higher food prices ahead of July 4th

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INDIANAPOLIS — Indiana shoppers are facing slightly higher prices as they prepare for Fourth of July cookouts.

The Indiana Farm Bureau’s annual summer cookout market basket survey shows the average cost for a cookout feeding 10 people is $71.49, or $7.15 per person—up 5% from last year.

Indiana's price is about 1% higher than the national average of $7.09 per person.

“Inflation is slowing slightly, prices are leveling out, chain issues that have been prevalent for the last few years are slowly getting worked out, so we are seeing just a slight increase in prices compared to the last few years here in Indiana,” explained INFB Chief Economist Dr. Todd Davis.

The total market basket includes items like ground beef, cheese, pork chops, and ice cream, with ice cream and strawberries seeing the largest price jumps at 31% and 19%.

Most items in Indiana were comparable to national averages, with hamburger buns and lemonade about 8% cheaper locally. Ground beef and pork chops were also found to be more affordable.

“Look for bargains on the protein side,” Davis advised. He noted an increase in pork availability could lead to lower prices at the supermarket, while ground beef prices have remained stable.

Despite rising costs, only 16 cents of every food dollar spent returns to farmers, with the rest covering processing, transportation, and distribution.

“Farmers are price takers, not makers,” said Janis Highley, INFB 2nd vice president. “Margins are still tight for farmers due to high supply costs because the amount farmers are being paid isn’t covering that increase in expenses."

The INFB summer cookout market basket survey was completed by volunteers who collected prices from local grocery stores. This survey coincided with a national survey by the American Farm Bureau Federation.

Cookout Item Price Comparison (INFB Survey)

Item2024 Indiana Cost2025 Indiana Cost% Change (2024 to 2025)% Difference from U.S. Average
Ground Beef (2 lbs.)$13.88$13.81-1%4%
Cheese (1 lb.)$3.32$3.536%0%
Cookies (13 oz bag)$3.62$3.836%-4%
Ice cream (half gallon)$4.28$5.6031%-2%
Strawberries (2 pints)$3.87$4.5919%-2%
Chips (16 oz bag)$4.58$4.958%3%
Chicken Breast (2 lbs.)$7.64$8.187%5%
Pork Chops (3 lbs.)$15.76$14.57-8%3%
Pork and beans (32 oz)$2.46$2.627%-3%
Hamburger Buns (1 pkg)$2.04$2.166%-8%
Lemonade (2.5 qts.)$3.72$4.059%-7%
Potato Salad (2.5 lbs.)$3.16$3.6014%2%
Average Total Meal Price$68.33$71.495%1%