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Article: Food prices expected to rise 3 to 4 percent in '97; strawberry update,.(Originated from diet tips)
- Article from:
- Knight Ridder/Tribune News Service
- Article date:
- July 29, 1996
- Author:
CopyrightCOPYRIGHT 1996 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Patty LaNoue Stearns
Knight-Ridder Newspapers
You keep hearing the warnings: Food prices are about to skyrocket. But according to Agriculture Secretary Dan Glickman, the 8 percent increases some economists are forecasting for 1997 will be more like 3 percent or 4 percent.
``There is no question there will be some boost to last year's food price inflation because of some of the increases in grain prices,'' he says.
Food prices have risen less than 3 percent a year since 1991. But high dairy and grain prices, along with reduced meat production after a huge sell-off of livestock, will figure into the increase. Food prices rose 0.7 percent in ...