Rising food prices cost families and businesses

Published: Jul. 11, 2014 at 2:03 AM EDT|Updated: Aug. 9, 2014 at 10:31 PM EDT
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CHARLOTTE, NC (WBTV) - This spring, food prices started rising at double the rate of all other consumer goods,  according to the Bureau of Labor Statistics. But Myra Diuguid doesn't need a government agency to tell her that.

"The cost of eggs has gone up. The cost of milk. You know, everything has gone up," Duiguid says. "And if you have children, it really  makes it difficult. You want to give them cereal, but you have no milk to put in it."

Lots of people are struggling.

"I mean, everything you buy is much more," says Kay Cameron Conner, also of Charlotte. "Even paper products. Milk, eggs definitely. I haven't bought hamburger in quite a while because I like to buy the really good hamburger, and it's really pricey."

Locally, beef prices are up 11% due to a drought two years ago that thinned cattle herds. It's causing prices to go up at restaurants as well.

Frank Scibelli, owner of Cantina 1511, Bad Daddies Burger Bar, and several other popular eateries in Charlotte says he's reluctantly having to raise menu prices due to the high price of meat. Bacon costs are up drastically too due to a pork virus.

"I've always been very concerned about providing value for our customers," Scibelli says. "This is a last resort."

Experts fear a current drought in California could cause fruit and vegetable prices to soar next.

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