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 Entertainment

Uncle Jesse spearheading ‘Full House’ reboot

fullhouse

John Stamos wants to bring the hit sitcom back to TV.

in Music

Taylor Swift picks up 2 new chart records with ‘Shake It Off’

taylorswift

The star's new single, "Shake It Off" is expected to debut at No. 1 on this week's Billboard Hot 100 countdown.

in Entertainment, Sports

CBS Sports to air all-women sports talk show

cbssports

CBS said Tuesday the weekly hour-long, prime-time program on the cable channel will be the first of its kind.

in Music

Naomi Judd selling memorabilia for charity

judds

Among the items up for sale is the outfit she wore to the '91 ACM Awards, where she picked up the Top Vocal Duet award with daughter Wynonna.

in Entertainment

Mike Epps confirmed to play Richard Pryor

epps

The long-awaited biopic appears to be moving forward with some big casting news just announced.