All but the wealthiest readers will have noticed by now that food costs have risen this year. In May grocery prices were 4.4% higher than they were the previous May. If 4.4% doesn't sound like much--you spend $104.40 now for a cartful that was $100 a year ago--it's a huge deal to food producers and to budget shoppers, who are making lots of casseroles. The Department of Agriculture anticipates that grocery prices won't significantly fall before January; if the USDA is right, you would have to go back to 1990 to find a bigger single-year increase.
The reasons that food costs...
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