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Feds Warn of Food Price Inflation

Friday, May 23, 2014 14:27
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(Before It's News)

The Department of Agriculture has warned of sticker shock facing home chefs on the eve of the Memorial Day holiday weekend, the unofficial start of the U.S. summer grilling season.

The agency said conditions in California could have “large and lasting effects on U.S. fruit, vegetable, dairy and egg prices,” as the most populous U.S. state struggles through what officials are calling a catastrophic drought.

The consumer price index (CPI) for U.S. beef and veal is up almost 10 percent so far in 2014

http://news.yahoo.com/u-faces-higher-food-price-inflation-2014-led-141513395–business.html;_ylt=AwrBJR.oaX9TjhMAxynQtDMD

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