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USDA warns of sticker shock on U.S. beef as grilling season starts

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USDA warns of sticker shock on U.S. beef as grilling season starts
By Ros Krasny

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WASHINGTON (Reuters) – 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, reflecting the fastest increase in retail beef prices since the end of 2003. Prices, even after adjusting for inflation, are at record highs.

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