US food prices to post biggest rise since ‘90, says USDA

WASHINGTON, Aug 20 (Reuters) - U.S. consumers should brace for the biggest increase in food prices in nearly 20 years in 2008 and even more pain next year due to surging meat and produce prices, the Agriculture Department said on Wednesday.Food prices are forecast to rise by 5 percent to 6 percent this year, making [...] continue reading world news