Food price rise noted as supplies shrink and demand soars
The Agriculture Department cites a 10.1 percent rise in overall food prices driven by smaller-than-demand supplies. Pork and beef prices climb due to domestic decisions and pork slaughter declines, while fats meats and fresh produce show varied movements. Officials anticipate some easing later but total meat supplies may not return to 1964 levels soon.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
U.S
Stalbaum
Post- Way
Mark Finnegan
Vegetable prices rise in first half of the year
Prices of fresh vegetables jumped in the first half of the year due to reduced production and supplies. Adverse weather in late winter and spring and reduced acreages from farmers fearing labor shortages contributed to the increase.
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