The ~6% rise in U.S. food prices last year likely was the peak and will return to more "normal"...

|By:, SA News Editor

The ~6% rise in U.S. food prices last year likely was the peak and will return to more "normal" gains of 3%-4% in 2012, chief USDA economist Joseph Glauber says. U.S. cattle and hog producers may expand their herds as the price of animal feed falls, adding to the available supply of meat and bringing down prices of beef, pork and poultry.