Oklahoma State University's October Food Demand Survey shows that while people are spending more in grocery stores on food, they are less willing to buy steak, hamburger, chicken breast and deli ham than one month ago.
Consumers are 1.81% less likely to buy steak from the grocery store in October than they were in September. Consumers are 5.13% less likely to buy hamburger than they were last month.
Only pork chops and chicken wings saw an increase in the consumers' willingness to pay. Consumers are 7.98% more likely to buy pork chops in the grocery store than they were last month.
Consumers are spending less eating out this month. They are 4.33% less likely to eat out than they were last month.