Blame China, droughts for soaring cost of Thanksgiving staple
(NEWSER) - For those who can't face Thanksgiving without pecan pie, you're going to pay dearly for the privilege this year: the price tag on the tasty dessert is up by 22%, reports CNN . Sure, core inflation is a low 2% , but food prices are on the rise, and pecans are up a whopping 57% since 2009, now topping $11 per pound. "There has been a steady price increase in pretty much everything, but the increase this year for pecans was unusual," said a Brooklyn baker. More»