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Grocery prices getting fat on ethanol demand, weak dollar »

Posted by: ameliog 5 months, 1 week ago

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Escalating food costs could present a greater problem than soaring oil prices for the national economy because the average household spends three times as much for food as for gasoline.

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ameliog5 months, 1 week ago

"It's the biggest risk we face economically, and it might be the thing that does us in," said Rich Yamarone, director of economic research at Argus Research Corp. in New York. "There's nothing really worse than having a job, making money and forking most of it over just so you can have the same amount of food. You're running in place, and it really weighs on you." (FTA)
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yaombaosivos2 months, 1 week ago

Generally, nobody sees it coming back down anytime soon
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Katheriness2 months, 1 week ago

thanks info.
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tsholostytsh2 months, 1 week ago

The bakers haven't seen anything if we have a drought
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unokubistyun2 months, 1 week ago

Overall, the Department of Agriculture forecasts food prices will gain about 4 percent this year, faster than in recent years. The price hikes are enough to take a lot of the comfort out of comfort food.
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cadyaddison2 months, 1 week ago

Very great idea! Useful information for me.
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LawanJackclo1 month, 2 weeks ago

It's really good news.
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