date:Feb 26, 2014
lowest rates of price inflation were fats, oils, cereals and bakery products, whose prices were expected to show price advances of 1.5% to 2.5% in 2014, the Food Price Outlook said.
Forecast changes in prices paid to producers (the Producer Price Index) for 2014 showed a wider range of changes. On the high end, prices paid to farmers for cattle were expected to rise 5% to 6% in 2014. Farm eggs were expected to rise 4% to 5% in 2014.
Some of the widest declines in producer prices forecast for 2