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

Third ‘Night at the Museum’ marks final film for Williams, Rooney

nightatthemuseum

The credits for "Secret of the Tomb," which opens Friday, read "In loving memory of Mickey Rooney," and "For Robin Williams - the magic never ends."

in Music

Ray Price’s widow opens up after loss

FILE - In a Jan. 7, 2011, file photo, Country Music Hall of Fame member and Grammy Award winner Ray Price celebrates his 86th birthday by performing in Bullard Texas. Price, one of country music's most popular and influential singers and bandleaders who had more than 100 hits and was one of the last living connections to Hank Williams, died Monday, Dec. 16, 2013. He was 87.

Ray Price's widow refused to leave her house for four months in the aftermath of her husband's death.

in Entertainment

Chris Pratt thought ‘Guardians’ would be a box office flop

Guardians Of The Galaxy

The "Parks and Rec" star was very, very wrong.

in Lifestyle

We’re living 6 years longer

doctor

Fewer people are dying from cancer and heart disease in rich countries and there's a better survival rate in poor countries from tuberculosis and malaria.

in Entertainment

Sony cancels ‘The Interview’ in win for N. Korean hackers

interview

The $44 million raunchy comedy was scheduled to debut on Christmas Day.