Food prices expected to keep going up

foodFood banks will likely continue to see an increase in the number of food-insecure people they serve because prices for most packaged items and meat are holding firm or even increasing, according to a November 26 article in The New York Times.

Government and industry economists project that the overall cost of food will continue to climb in 2009. Experts warn that consumers should not expect lower prices anytime soon on most items at the grocery store or in restaurants since food companies have not caught up with the prolonged run-up in commodity prices, which remain above historical averages despite coming down from their highs early this year.

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