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USDA Updates International Income and Price Elasticity Estimates for Food and Consumption Categories
May 20, 2025
WASHINGTON, May 20 (TNSLrpt) -- The U.S. Department of Agriculture's (USDA) Economic Research Service (ERS) has released an updated technical bulletin, "International Income and Price Elasticity Estimates: An Update" (TB-1971), on May 14, 2025. This publication provides new estimates of income and price elasticities, crucial for understanding how changes in income and prices affect food demand globally. These updated estimates will be used in USDA's International Food Securit . . .

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