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U.S. meat, seafood prices rising on drought and disease: USDA

Started by riky, July 26, 2014, 09:00:24 AM

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riky

U.S. meat, seafood prices rising on drought and disease: USDA

<p><a href="http://news.yahoo.com/u-meat-seafood-prices-rising-drought-disease-usda-134037391--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/vg4Pe0v5qV8jK6Oiofb4hA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2830273cf3351c16370f6a70670047a4.jpg" width="130" height="86" alt="steaks and other beef products" align="left" title="steaks and other beef products" border="0" /></a>By Ros Krasny WASHINGTON (Reuters) - Overall U.S. food inflation will remain near the historic norm in 2014, even as prices for meat and seafood are pushed higher by disease and widespread drought, the U.S. Department of Agriculture said on Friday. Prices for shelf-stable and processed items made by companies such as General Mills and Kraft Foods Group are relatively flat. &quot;It appears that supermarkets are maintaining minimal price inflation on packaged food products, possibly in an effort to keep prices competitive in light of rising cost pressures for most perishable items,&quot; the USDA said.</p><br clear="all"/>

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