The trend of record prices for food continues with pork. The retail price of pork has hit $3.35 a pound and is expected to got to $3.50 by the end of the year. The cost for the consumer? Pork product prices reach record highs | Journal and Courier | jconline.com The pork industry cannot keep up with the export market (China is increasing its pork demand) and the increase in grain prices (70% of the cost of raising pigs) make it likely that the price will continue to rise. Grocery prices have risen 5% this year and for meat, poultry fish and eggs 7%. According to the Feds inflation is at 1.6%, yet they do not include food or energy prices, 2 of the the one thing everybody uses. There is a clear disconnect here between the Feds and reality. The heat wave and lack of rain in the corn producing areas means lower yields and less corn. Higher prices for corn because ethanol takes a sizable portion of the corn crop and higher prices for meat. This does not forebode well for the economy as the rising cost of food takes money away for buying other items that reduce inventories and keep people working. Does not look good folks.