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Skyrocketing Food Prices

Tuesday, 26 Apr 2011 | 7:52 PM ET

According to the USSDA, beef prices will go up 8% in coming weeks; pork prices will gain nearly as much; and fruits and vegetables will be up 5.5.%, reports CNBC's Kayla Tausche, and John Catsimatidis, Red Apple Group Chairman & CEO.