Food Prices

We all know this simply by looking at our food bills. The people on the financial margins will feel it the most.

It doesn't look like its a matter of shifting diets away from meat and such in order to economize, everything is more expensive to some degree.

Reuters: Food prices to post biggest rise since 1990: USDA

Prices for fruits and vegetables, which account for more than 8 percent of food spending, will also rise 5.5 percent...

USDA also forecast increases this year of 9.5 percent for cereals and bakery products, a 14 percent surge for eggs and a 13.5 percent hike for fats and oils.