With Super Bowl LIX just days away, do consumers have to be concerned about food prices when shopping for their snack platters and other good eats for Sunday? Wells Fargo Agri-Food Institute chief agricultural economist Michael Swanson joins Wealth to explain that while food prices are largely flat compared to last year, items like chicken wings and avocados have seen significant price increases due to high demand. On the other hand, products like frozen pizzas and shrimp are cheaper this year. "It’s received wisdom in the food industry that Super Bowls are now the number two largest spend for an event right behind Thanksgiving," Swanson says. "So, we really see a lot of people [who] don’t really don’t care too much about the final score, really appreciate the company and the food that’s out there on the table." Additionally, Swanson highlights a shift in snacking habits, with healthier options like broccoli and cauliflower gaining popularity due to the rise of GLP-1 weight-loss drugs. Catch Yahoo Finance’s interview with Sodexo Live! North America CEO Belinda Oakley on how the food services company is offering affordable cuisine at the big game.
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