USDA Reports Food at Home Prices Have Risen 6.3% During the Past Year with Eggs, Dairy, Beef and Oils Up Over 10%

The following graph is from a new USDA Report of the Food CPI and Expenditures. I have circled all categories that have risen by more than 5%.You will note that 2009 prices were overall neutral since grocery stores have been trying absorb some of the cost increases for the ailing consumer. One could conclude that our ethanol policy in addition to higher fuel costs are underlying causes of the