Archives for January 27, 2011

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USDA predicts rising food prices in 2011

By Caroline Scott-Thomas

The US Department of Agriculture (USDA) has said it expects the Consumer Price Index to rise by 2 to 3 percent in 2011, ending a period of near-stagnant food price inflation over the past two years.

Senate bill aims to reform US sugar policy

By Caroline Scott-Thomas

US Senator Jeanne Shaheen (D-NH) introduced a new bipartisan bill in the Senate this week intended to phase out the sugar support program, claiming sugar prices are artificially high and cost American jobs.