WASHINGTON Pundits assessing the U.S. Department of Agriculture's newly downbeat food inflation forecast were conjecturing Thursday that price-conscious restaurants may represent greater value for consumers than would grocers that are less willing or able to absorb still-rising commodity costs. The USDA on Wednesday warned that food prices would rise 5 percent to 6 percent this year, the biggest annual jump in 20 years and up from the annual range of 4.5 percent to 5.5 percent that ...
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Contact: Desiree Torres Desiree.Torres@penton.com