Breaking News

Local News

November 6, 2011

Increased prices: USDA predicts food cost jumps

LOGANSPORT — In the coming months, food prices are expected to increase at both restaurants and grocery stores.

According to a recently released food price outlook from the United States Department of Agriculture, the consumer price index for all food is projected to climb 3.5 to 4.5 percent.

Grocery store prices are forecast to increase 4 to 5 percent, while restaurant prices are predicted to rise 3 to 4 percent.

“Although food price inflation was relatively weak for most of 2009 and 2010, cost pressures on wholesale and retail food prices due to higher food commodity and energy prices, along with strengthening global food demand, have pushed inflation projections upward for 2011,” according to the USDA’s website.

At Amelio’s and Ike’s Sports Bar in Logansport, owner Larry Isaacs said passing any increased cost of food to the customer would be his last option.

“That’s something I want to avoid really bad,” he said. “We’ve tried to be smart enough over the last few years to take it at a great level and buy the right product, so if something like this would happen, we can absorb some of it. We’ve become smarter in the food business.”

Trying to think into the future, Isaacs said he’s also tried to make buy food items that can be used for multiple dishes. He offered chicken as an example.

“You also have to shop smart,” he said. “You have to talk to your vendors to see if they will work with you and sell you a better product at a better price.”

Increased food prices have also left D&R Fruit Market in Logansport seeking out the best deals possible.

“We try to shop around and do the best we can to keep the prices at a minimum,” said manager Neil Stewart. “We realize our customers aren’t getting any increases in their pay.”

Stewart said the store’s goal was to hold prices for as long as possible and continue to offer weekly specials to help customers stretch their dollars.

Stewart has not noticed much of a change in the way customers have been shopping.

“We have a steady flow of customers who have been good to us,” he said. “We feel like we’ve been blessed. We try to reward and do the best we can on our end to provide the best value as possible.”

According to the USDA, the all-food consumer price index increased 0.8 percent between 2009 and 2010, the lowest food inflation rate since 1962.

Grocery store prices increased by 0.3 percent, which was the lowest annual increase since 1967.

During that time, cereal and bakery product prices declined 0.8 percent and processed fruit and vegetable prices dropped 1.3 percent.

Restaurant prices increased 1.3 percent in 2010, which was the lowest annual increase for restaurant prices since 1955.

“For 2012, food price inflation is expected to abate from 2011 levels, but is projected to be slightly above the historical average for the past two decades,” the website says.

The all-food consumer price index is predicted to increase 2.5 to 3.5 percent compared to 2011, according to the USDA. Grocery store prices in 2012 are expected to increase 3 to 4 percent, while restaurant prices are predicted to increase 2 to 3 percent.

“While many inflationary pressures that drove prices up in 2011 are not expected to intensify and may even decrease in 2012, retailers have been slow to pass on cost increases to date,” the USDA’s website says. “Price levels in 2012 will hinge significantly on several macroeconomic factors such as weather conditions, fuel prices and the value of the U.S. dollar.”

• Denise Massie is a staff writer at the Pharos-Tribune. She can be reached at 574-732-5151 or

Text Only | Photo Reprints
Local News
  • NWS-PT073014 Hickman.jpg Two arrested in purse-, wallet-snatching spree

    MONTICELLO — Two were arrested late last week in relation to a string of purse and wallet thefts from shopping carts in local department stores. Lindsey R. Hogg, 22, Monticello, and Rachel D. Hickman, 23, Burnettsville, were arrested by the Lafayette

    July 29, 2014 2 Photos

  • Fatal wreck UPDATE: Monticello woman killed in overnight wreck

    A Monticello woman was killed late Monday night in an automobile accident involving a car and semi-trailer truck in the northbound lane of U.S. 31 near the junction with U.S. 931.

    July 29, 2014 1 Photo

  • Pool sets Sunday at closing date

    The season will close at Tower Park Municipal Pool on Sunday, according to the Logansport Parks & Recreation Department. Final season activities will begin on Friday, including "Floatie Friday." Pool-goers are invited

    July 29, 2014

  • Police investigate possible stabbing

    A woman called 911 late Monday to report she had been stabbed in her Brookston home.

    July 29, 2014

  • Winamac woman dies in crash with county truck A Winamac woman is dead after failing to stop at an intersection and being struck by a Pulaski County Highway Department dump truck. Just before noon on Monday, Dollie Frinkle, 71, Winamac, was driving a 1996 Buick Park Avenue westbound on 100 South

    July 29, 2014

  • Indiana BMV asks court to delay vanity plate sales INDIANAPOLIS (AP) — The Indiana Bureau of Motor Vehicles has asked the state Supreme Court for permission to continue its suspension on sales of vanity plates until a court case is settled. The Indiana attorney general's office announced Monday it ha

    July 29, 2014

  • Police Blotter: July 29, 2014 Have a tip? Anyone with information on a crime is encouraged to call Crime Stoppers at 800-222-TIPS. Information leading to an arrest or conviction could lead to a reward of up to $1,000.

    July 29, 2014

  • SPT - PT072914 Colts-pic [Duplicate] QB Luck making progress ANDERSON — Wind chill estimates put the temperature at 59 degrees Monday morning at Anderson University.During one stretch of his fifth training camp practice of the year, however, it likely felt much colder to Andrew Luck.The Indianapolis Colts quar

    July 29, 2014 1 Photo

  • District's tire collection effort still going strong If you’ve got old tires, the county still wants them.The Cass County Solid Waste District extended the county-wide tire collection program Monday for the next few weeks — or until the new semi-trailer is full at least.District director Bob Ehle has b

    July 29, 2014

  • Permanent road closure has Miami Co. residents worried PERU — Residents who live near a safety-flare company that’s expanding north of Peru spoke out against a proposal to permanently close a section of county road that runs through the company’s facilities.Orion Safety Products, located at 3157 N. 500 W

    July 29, 2014

Featured Ads
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP Video
US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming Traditional African Dishes Teach Healthy Eating

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.

Should grocery and convenience stores be allowed to sell cold beer?

     View Results