Reports indicate that food retail prices in nearly every category are in for higher-than-average inflation in 2011. The U.S. Department of Agriculture (USDA) has said that for all food, prices are expected to rise 2–3%, nearly double the 2010 increase. Meat prices are predicted to approach a 3.5% hike, and dairy a 5.5% jump.
A ruling by the Sixth Circuit of the United States Court of Appeals has overturned an existing Ohio ban on milk labels carrying a hormone-free claim. Now, dairy products not produced from cows raised on rBGH (recombinant Bovine Growth Hormone) can say so on the package.
At the fifth annual coffee-tasting event hosted in New York, NY by the Organic Coffee Collaboration, a market study was released showing that organic coffee sales have taken off in recent years—big time, and in spite of the trend for coffee in general.
Chicago, IL—An online community for food enthusiasts, The Food Channel, has announced several new food trends. CultureWaves, Mintel International and the International Food Futurists all collaborated with the group to pinpoint what is hot in the grocery aisle.