What's Driving Up Grocery Prices?
Beyond new demands on corn for use as a fuel, transportation costs for all kinds of food are going up. People around the world are eating more and eating differently, and the weakening dollar doesn't help.
Michele Norris talks with Ephraim Leibtag, an economist with the U.S. Department of Agriculture, about the factors that are driving up grocery prices. Leibtag tracks retail prices of food, and helps with government forecasts about where prices will go.
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