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May 13, 2008 12:32:46 AM CDT



Shoppers Give Up Organics as Food Prices Soar  

Posted May 9, 08 3:25 AM CDT in Science & Health    Editor's Choice

(newser) – With a gallon of organic milk costing a whopping $7 and a conventional gallon going for $2.99, cash-strapped shoppers are skipping organic groceries. That means the $19 billion industry, which has ballooned 150% since 2001, may now be shrinking, Newsweek reports. “I miss it terribly,” said one former Whole Foods regular. “But I just can’t afford it anymore. Food everywhere is so expensive.”

In the last five years organic groceries have moved beyond health-food and gourmet shops to mainstream stores. But as farmers divert fields to grow grain for ethanol the price of food is soaring, and organic offerings, as usual, are well ahead of the curve.

Source Newsweek

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Shoppers Give Up Organics as Food Prices Soar
Organic food transitioned from shops like Whole Foods to more mainstream grocers. Now soaring prices may shrink the market.   (AP Photo/Harry Cabluck)
Shoppers Give Up Organics as Food Prices Soar
Juan Perez stands in his field of organic corn. As more farmers target growing crops for ethanol, grocery bills are rising.   (AP Photo/ Tony Avelar)
Shoppers Give Up Organics as Food Prices Soar
Customers select produce at a supermarket in Chicago, Tuesday, April 29, 2008.   (AP Photo/Charles Rex Arbogast)
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Wal-Mart   ethanol   Whole Foods   organic food   organic   grocery stores   groceries



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