Americans planning to celebrate this Fourth of July with a cookout can expect to pay slightly less than they did last year, according to an annual survey by the American Farm Bureau Federation (AFBF), the nation’s largest general farm organization.
According to this year’s estimate, families will pay on average $67.73 for groceries to feed 10 people at their Independence Day cookout. That’s a 3 percent, or a few bucks drop from last year’s record high price of $69.68, which came amid the worst inflation in the United States in more than four decades.
While the cost of an average cookout is down slightly, it’s still 14 percent higher than it was two years ago, and the second highest since 2013, when the AFBF started to track price tags of the summer cookout staples….