Food Price Outlook, 2011 and 2012

USDA ERS recently released, "The Consumer Price Index (CPI) for food is probably the most widely used indicator of changes in retail food prices. ERS regularly updates food price forecasts for the short-term period. In 2011, the CPI for all food is projected to increase 3.25 to 3.75 percent. ERS’s food price outlook is available for November 2011." For more details click here.