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John Anderson
Meats, cheese and other supermarket food now cost 6.9% more
Meats, cheese and other supermarket food now cost 6.9% more

A basket of meats, cheese and other goodies from the grocery store cost 6.9% more in the first quarter of 2012 than it did a year earlier, according to the American Farm Bureau Federation. A group of 16 items, including cheddar cheese, sirloin-tip roast, salad, orange juice and eggs, cost consumers $52.47 during the first three months of the year, the farm group said. During the same period last year, the price was $49.07. In the fourth quarter of 2011, it cost $49.23. The cost of meats such as sliced deli ham and bacon were up due to strong demand and tight supplies, said AFBF senior economist John Anderson in a statement. But prices may have peaked, allowing for less expensive protein as...

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