An new informal survey from the American Farm Bureau Federation, showed the average cost for a July 4th picnic for 10 is $58.72, 5.4 percent higher than last year. The survey is based on retail prices from 84 shoppers' findings in 26 states and Puerto Rico.
Meat and dairy prices rose the most. The cost of ground round shot up 13.4 percent, pork spare ribs 13.2 percent and American cheese 14.3 percent. The biggest drop in the survey came from ketchup prices, which fell 12.3 percent, while hot dog prices slipped 2.6 percent.