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Mar 21, 2014

Beef, fruits, vegetables, sugar and beverages, Prices Post Biggest Surge in a Decade - WSJ

"Beef Prices Post Biggest Surge in a Decade - Of course, it's not just beef...

...prices also are higher for fruits, vegetables, sugar and beverages, according to government data. In futures markets, coffee prices have soared so far this year more than 70%, hogs are up 42% on disease concerns and cocoa has climbed 12% on rising demand, particularly from emerging markets...


Food prices have gained 2.8%, on average, for the past 10 years, outpacing the increase in prices for all goods, which rose 2.4%, according to the government."