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As Global Temps Rise, So Do ... Popcorn Prices

Posted Mar 14, 08 9:00 PM CDT in Arts & Living,  Business 

(Newser) – The movie stars driving flex-fuel SUV are driving up popcorn prices at the nation’s nickelodeons, and it’s not because of their salaries: A move toward planting crops for alternative-fuel production has made popping corn more scarce—and therefore more expensive, the Los Angeles Times reports. Moviegoers shouldn’t fret too much, for the hike could be as little as 15 cents.

That might come as cold comfort to those who pay inflated concession prices, but without them, “the tickets to the movies would cost $20,” one insider said. And the future is uncertain: While farmers plant more lucrative seed corn for ethanol, and are selling popping corn for twice what they did two years ago, global cooking-oil producers are looking toward, yes, biodiesel.

Source Los Angeles Times

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Popcorn displayed to show what $5 could buy directly from a farmer, as compared a large bag of movie popcorn for the same price, or more.   (AP Photo/Amy Lorentzen)
Popcorn prices could go up at theaters nationwide, due to lucrative corn-for-ethanol farming in the heartland.   (AP Photo/Stephen Chernin)
A combine hitched with a Cob Caddy gathers corn and cobs while blowing stover back into the field on a farm. Farmers increasingly plant with an eye towards the lucrative ethanol market.   (AP Photo/Dirk Lammers, file)
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movies • biofuel • ethanol • farmer • movie theaters • snack foods • popcorn • cooking oil


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