Food Cheap | The Olive Oil Source

Food Cheap

Source: Food and Farm News
March 05, 2006

Food will remain a bargain for American consumers, according to long-term projections by government analysts. In a forecast of agricultural trends for the next 10 years, analysts say retail food prices will increase less than the general inflation rate. The report says growing demand will cause farmers to earn higher prices for their crops during the coming 10 years, but that much of the increase will be absorbed by higher production costs.