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Rise in Food Prices foreseen for 1977
USDA economists predict a 3 to 4 percent rise in the 1977 retail food price average from 1976. Beef prices may rise about 10 percent above 1976, pork prices stay below year‑ago levels much of 1977, milk may soften at farm level with small consumer increases, chicken supplies remain heavy, and eggs prices likely dip slightly before year’s end. James Donald notes overall early 1977 price increases at 2 to 4 percent January through March.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agriculture Department
James Donald
USDA