The USDA is maintaining its forecast for 2.5%-3.5% food inflation in 2012, following a 3.7%...

|By:, SA News Editor

The USDA is maintaining its forecast for 2.5%-3.5% food inflation in 2012, following a 3.7% increase last year on account of growing emerging-markets demand and bad harvests. The 2012 forecast is in-line with the 2.8% increase averaged since 1990. (also)