DES MOINES, Iowa - Retail food-at-home-prices in the second quarter of 2014 were 2.3 percent higher, according to USDA's Economic Research Service.
Most at-home food categories increased, retail beef and veal prices were up 10.8 percent, due to strained beef supplies. Pork prices were up 11.2 percent in part because of the killer pig virus PEDv. And egg prices are up with a strong domestic demand. Other items costing more are fish and seafood, dairy, and fresh fruits. Total increases from these products are the largest year-over-year increases since 2011.
Only a few at-home food categories decreased, including cereals and bakery, non-alcoholic beverages, and fats and oils.