Consumers are anticipating higher meat prices on the horizon and expect to buy less beef and pork and purchase more chicken in the coming months, according to the most recent Food Demand Survey results, compiled by Jayson Lusk, professor and Willard Sparks Endowed Chair at Oklahoma State University.  The survey found taste, safety, and price remained consumers most important values when purchasing food.

According to the survey results, food-grocery expenditures are $96.34 as of mid May, up 5.08 percent from April, while $50.15 is spent on food consumed away from home, up 10.05 percent from April.  Consumers anticipate spending less money on food in coming months.

View the report results here.