As The US Economy Clearly Improves, Food

Beef prices rose 5% in February according to the WSJ:

What Americans paid for everything from haircuts to new cars barely rose, but the price of food alone was 0.4% higher in February from the prior month. Costs for meats, poultry, fish, dairy and eggs drove the gains.”

Beef is not the only price rising according to WSJ

…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.”


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