News

It’s going to cost you more to cook dinner

It’s going to cost you more to cook dinner

BEEFED UP PRICES:Customers wait to be served at Casey's Market in Western Springs, Illinois, April 25, 2012. Photo: Reuters/Jeff Haynes

WASHINGTON (Reuters) – U.S. food price inflation is expected to rise by 2.5 percent to 3.5 percent in 2014, higher than 2013 but roughly in line with long-term norms, the U.S. Department of Agriculture said on Friday.

The agency evaluated expected increases in overall food, food-at-home and food-away-from-home prices.

Retail prices for certain meats, already at record highs, are expected to keep rising. For the year, USDA forecasts beef and veal prices to increase by 5.5 percent to 6.5 percent and pork prices to rise by 3 percent to 4 percent.

“The ongoing drought in California could potentially have large and lasting effects on fruit, dairy and egg prices, and drought conditions in Texas and Oklahoma could drive beef prices up even further,” USDA said.

(Reporting by Ros Krasny)

Recent Headlines

in Local

UPDATE: Shooting Victim Was Teenager

Fresh
7-31-15 Shooting

Springfield police say it was a 17-year-old boy that was found shot in the head inside a home on South 23rd Street on the city's east side Thursday.

in Local

Candidate Lindsey Graham Campaigns in Illinois

graham1

Talks immigration, supports Kirk

in Local

Report: Overhaul Illinois Tax System

tax

CTBA: Tax services, go to graduated income tax

in Local

House on UIS Campus Added to National Register

Strawbridge Shepherd House

A Sangamon County home first built in 1845 and described as one of the oldest in the area is now on the National Register of Historic Places.

in Local

Man Found Dead in 23rd Street Home

7-6-15 Shooting

A family member found him inside with a gunshot wound to the head, no gun was found on the scene.