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 Music

At $90 million, Garth Brooks tops country earners

garth

Brooks, 53, who resumed touring last year after 13 years off the road, also notched up the biggest pay day in a single year.

in Entertainment

REVIEW: ‘Vacation’ is a fun road trip for a new generation

18-overlay7

Rating: R | Run time: 99 min. | Genre: Comedy | Starring: Ed Helms, Christina Applegate, Skyler Gisondo, Steele Stebbins…

in Music

Eric Church exhibit headed to Country Hall of Fame

12-overlay10

Visitors to Nashville's Country Music Hall of Fame and Museum will soon be able to walk through the life and career of Eric Church.

in Music

Miranda Lambert launches scholarship fund for women

mirandalambert

The country superstar is establishing a new scholarship at Nashville's Belmont University to help women pursue jobs in the entertainment industry.

in Entertainment

Conan O’Brien accused of stealing jokes

20-overlay8

The late night host is being sued for allegedly lifting gags from Twitter.