Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

5/23/2014 (1 year ago)

Catholic Online (www.catholic.org)

Beef prices are going to be a bit pricey this grilling season

Memorial Day Weekend is usually the beginning of the summer season with cookouts and barbecues. The American public is being warned that the cost of beef is going to be a bit high this time around. The Department of Agriculture says that conditions in the state of California could have "large and lasting effects on U.S. fruit, vegetable, dairy and egg prices." The most populous U.S. state continues to reel from a catastrophic drought.

Another factor for rising pork prices is the Porcine Epidemic Diarrhea Virus which has been responsible for more than seven million U.S. piglet deaths in the past year.

Another factor for rising pork prices is the Porcine Epidemic Diarrhea Virus which has been responsible for more than seven million U.S. piglet deaths in the past year.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

5/23/2014 (1 year ago)

Published in U.S.

Keywords: Beff, pork, prices, USDA, drought, California


LOS ANGELES, CA (Catholic Online) - The fastest increase in retail beef prices since the end of 2003 have been reported this season. The consumer price index for U.S. beef and veal is up almost 10 percent so far this year. Even as this is adjusted for inflation, prices are at record highs.

"The drought in Texas and Oklahoma has worsened somewhat in the last month, providing further complications to the beef production industry," USDA said.

Starvation never takes a vacation --

Beef and veal prices for the whole of 2014 are now forecast to increase by 5.5 percent to 6.5 percent, a sharp advance from last month's forecast for a three to four percent rise. In addition, pork prices are also set to rise by three to four percent, up from a two to three percent advance expected a month ago.

The USDA said overall U.S. food price inflation for 2014, including food bought at grocery stores and food bought at restaurants, would rise by 2.5 percent to 3.5 percent in 2014.

While showing an increase over last year, these figures are in line with historical norms and unchanged from April's forecast.

"The food-at-home CPI has already increased more in the first four months of 2014 then it did in all of 2013," USDA noted. At-home spending accounts for about 60 percent of the U.S. food CPI.

Another factor for rising pork prices is the Porcine Epidemic Diarrhea Virus which has been responsible for more than seven million U.S. piglet deaths in the past year.

Egg prices are also up 15 percent. Eggs are expected to rise by five to six percent on the year, and higher milk prices are feeding through to other products in the dairy case, particularly cheese.

There is some "sweet" relief in store - as global prices for sugar and coffee remain low, USDA said.

The agency forecast prices of sugar and sweets to rise by one to two percent in 2014 and prices for non-alcoholic beverages to rise by 1.5 percent to 2.5 percent. Both forecasts were lowered this month.

"It appears supermarkets are maintaining minimal price inflation on packaged food products, possibly in an effort to keep prices competitive in light of rising cost pressures for most perishable items," USDA said.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for June 2015
Universal:
That immigrants and refugees may find welcome and respect in the countries to which they come.
Evangelization: That the personal encounter with Jesus may arouse in many young people the desire to offer their own lives in priesthood or consecrated life.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More U.S.

Statue of Blessed Father Junipero Serra safe - for now at U.S. capitol Watch

Image of State legislatures have the authority to decide which two statues will represent their state at the U.S. Capitol.

By CNA/EWTN News

An effort to remove the statue of Bl. Junipero Serra from the U.S. Capitol has been set aside for the time being. Los Angeles (CNA/EWTN News) - A statue of Franciscan missionary and saint-to-be Father Junipero Serra has stood in the U.S. Capitol since 1931. However, a ... continue reading


On this Fourth of July, We Need a Declaration of Dependence Watch

Image of The real promise of the Declaration of the Declaration of Independence now cries out for those who believe in its promise to stand up for its true meaning and work to restore the unique experiment in ordered liberty which it offers for future generations.

By Deacon Keith Fournier

The Declaration of Independence was the birth certificate of the United States of America, a Nation often called the American Experiment because of the very fact that it was founded upon principles. The words are still memorized by schoolchildren and can bring a ... continue reading


Learning from the Wonderful Witness of 'Doubting' Thomas Watch

Image of Thomas the doubter became the Thomas the model believer, an example for each one of us. He is a great beacon of light for all of us as we cry out with him, MY LORD AND MY GOD!

By Deacon Keith A Fournier

What conclusion, dear brethren, do you come to? Surely it was not by chance that this chosen disciple, was missing in the first place? Or that on his return he heard, that hearing he doubted, that doubting he touched, and that touching he believed? It was by ... continue reading


Catholic Church in U.S. has weathered adversity before - and will emerge triumphant, historian says Watch

Image of As bishops warn of current threats to religious liberty in the United States, Catholics can take heart that such challenges have faced them before, and they have persevered, one Church historian says.

By Matt Hadro, CNA/EWTN News

As bishops warn of current threats to religious liberty in the United States, Catholics can take heart that such challenges have faced them before, and they have persevered, one Church historian says. Washington D.C. (CNA/EWTN News) - "It's okay to realize that ... continue reading


After same-sex unions legalized, polygamous Montana trio demands same Watch

Image of The 46-year-old Nathan Collier owns a refrigeration business in Billings. He married 40-year-old Victoria in 2000. His second wife, Christine, was wed in a religious wedding ceremony in 2007 without a marriage license in order to avoid bigamy charges.

By Catholic Online (NEWS CONSORTIUM)

It was bound to happen. After the Supreme Court ruled same-sex unions legal in all 50 states, other proponents of non-traditional arrangements are clamoring for equality under the law. Nathan Collier, along with his wives Victoria and Christine have applied at ... continue reading


350-pound dolphin accidentally lands on cruise ship severely injuring woman Watch

Image of

By Talia Ramos (NEWS CONSORTIUM)

To kick off the summer break and celebrate Father's day, a family went aboard a cruise that ended with a traumatizing accident. As the cruise started to sail back to the harbor, a group of dolphins started to swim alongside the boat. However, as the passengers started ... continue reading


Episcopalians overwhelmingly vote to let same-sex weddings in churches Watch

Image of Episcopalians voted overwhelmingly this week to allow religious weddings for same-sex couples.

By Catholic Online (NEWS CONSORTIUM)

Episcopalians voted overwhelmingly this week to allow religious weddings for same-sex couples. The Episcopal Church has long been on the forefront of equal rights for homosexuals, ever since electing it first openly gay bishop 10 years ago.  LOS ANGELES, ... continue reading


TERROR LEAK: ISIS learns of FBI command centers across U.S. for Fourth of July Watch

Image of One such likely ISIS candidate, 23-year-old Alaa Saadeh, was believed to be part of a group interested in detonating a pressure cooker bomb at a New York landmark.

By Catholic Online (NEWS CONSORTIUM)

It appears that an important bit of counter-terrorism may have landed into the wrong hands. The Federal Bureau of Investigation, or FBI is installing command centers around the nation to prepare for possible terror attacks for the coming Fourth of July holiday ... continue reading


Remaining U.S. troops in Afghanistan 'feel forgotten' Watch

Image of Several US Troops felt abandoned and forgotten by the US government

By Linky C. (NEWS CONSORTIUM)

A total of 10,000 American troops remain in Afghanistan. These troops believe they have been forgotten by the Obama administration, as the US Government shifts its attention to ISIS. MUNTINLUPA, PHILIPPINES (Catholic Online) - The US Troops, 10,000 men and women left ... continue reading


Risk for massive earthquake in California increases as scientists find dangerous helium coming from fault zone Watch

Image of

By Talia Ramos (NEWS CONSORTIUM)

Researchers recently discovered helium leaking from a giant fault in the Earth's crust near Los Angeles, as well as discovering an increase in chance for California to have an 8.0 magnitude earthquake. MUNTINLUPA, PHILIPPINES (Catholic Online) - They did not expect the ... continue reading


All U.S. News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Ezekiel 2:2-5
2 As he said these words the spirit came into me and ... Read More

Psalm, Psalms 123:1-2, 2, 3-4
1 [Song of Ascents] I lift up my eyes to you who are ... Read More

Gospel, Mark 6:1-6
1 Leaving that district, he went to his home town, ... Read More

Reading 2, Second Corinthians 12:7-10
7 Wherefore, so that I should not get above myself, I ... Read More

Saint of the Day

Saint of the Day for July 5th, 2015 Image

St. Anthony Mary Zaccaria
July 5: Cofounder of the Barnabites. Born in 1502 in Cremona, Italy, ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter