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 Sports

Aaron Rodgers and CBS reporter duke it out on Twitter

Fresh
aaronrodgers

Dennis Dodd was not happy that the Packers QB refused an interview request during Saturday night's game ... and he made sure everyone knew it.

in National

FBI: Shooting at NSA gate at Fort Meade not related to terrorism

Updated
NSAshooting

Officials say two men tried to ram the gates of Fort Meade, where the National Security Agency is housed.

in National, Viral Videos

Girl, 4, boards bus for 3 a.m. snack run

16-overlay3

Little Annabelle Ridgeway was determined to get a slushie.

in Sports

Hernandez fiancée to testify in murder trial

aaronhernandez

Shayanna Jenkins on Monday is expected to talk about a box she disposed of from their basement the day after Odin Lloyd was killed in 2013.

in Sports

PHOTOS: And then there were four

AP533233299419_4

March Madness started with a bracket busting 68 teams and now we're down to the Final Four.