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NEWS ABOUT: food prices

food prices stories: 80 news summaries

1 - 20 of 80 Stories | 1 2 3 4 Next >>

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Soaring Price of Wings Begets Boneless Substitutes

Perplexed eateries switch breast strips for once-cheaper wings

Oct 13, 09 10:36 AM CDT
(Newser) - In a sign of a poultry market apocalypse, chicken wings are now more expensive than skinless, boneless chicken breast, because chicken wings are cheaper. Wait, what? Strange but true: thanks to the recession, restaurants are ordering less chicken breast, the New York Times explains, while consumers buy more of... More »

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recession • food prices • chicken • chicken wings


 Supermarkets Slash Prices 
 

Deflation stalks the aisles; Safeway cuts below profit point

Sep 17, 09 7:32 AM CDT
(Newser) - Americans are getting a big break on the price of food, as the recession drives down the cost of wheat, milk, and other staples, and supermarkets fight feverishly for sales. After a year of dramatic increases, commodities are way down—the price of corn, for instance, is down 56% since... More »

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recession • consumer spending • supermarket • deflation • food prices • commodities • retailers

(Newser) - The various sectors of the global economy have become so entwined with food production that prices are acting in a very “puzzling” manner, the Economist reports. Last year, the market responded rationally to the global food crisis of 2007-08, increasing production and thus lowering prices. But with another bumper... More »

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farming • developing countries • food prices • Third World • supply and demand • food production • global food crisis • cereals • yield

 UN: Hunger Affects Record 1B 

Food program directors warn that hunger crisis threatens world peace

Jun 20, 09 8:17 AM CDT
(Newser) - United Nations food officials warn that a record 1 billion people worldwide aren't getting enough to eat, the BBC reports. The UN said the number of people affected by hunger—defined as getting less than 1,800 calories daily—has jumped by 100 million people over the last year because... More »

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United Nations • hunger • starvation • poverty • food prices • Food and Agriculture Organization • malnutrition • World Food Program

 Veggie Gardens 
 Thrive in Lean Times 

Seed sales set records amid recession

Jun 15, 09 6:00 AM CDT
(Newser) - Sales of vegetable seeds are skyrocketing this season and experts say it’s not just the local food movement or Michelle Obama’s First Garden that’s driving the craze. Americans hit hard by the recession are slashing grocery bills by growing their own, as evidenced by a 30% spike... More »

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vegetables • gardening • recession • Americans • food prices • grocery shopping

(Newser) - There’s a vampire resurgence in Chad, and no, it’s not because Twilight has swept the African country. Cost-conscious residents have resurrected a dish slyly known as “vampire”: cooked animal blood, the BBC reports. With global food prices soaring and meat increasingly expensive, traditional vampire is “actually... More »

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Africa • Chad • cooking • meat • blood • food prices • vampire

 Chavez Orders 
 Army to Seize 
 Rice Plants 

Struggle over nationalization as plants fear bankruptcy

Mar 1, 09 6:27 AM CST
(Newser) - Venezuelan President Hugo Chavez has ordered the army to seize control of the nation's rice processing plants, continuing a trend of industrial nationalization by his government, reports the BBC. Chavez accused the plants of failing to meet government price quotas for grain, intended to ensure cheap food prices. The plants,... More »

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Venezuela • bankruptcy • nationalization • food prices • Hugo Chávez

 Rural Alaskans Fight to Survive 

Harsh winter cut off supplies, forcing soaring prices

Feb 9, 09 12:50 PM CST
(Newser) - With some villagers paying $400 for a week's groceries and $1,500 for a month’s heat, rural Alaskans are literally fighting to survive, CNN reports. Milk can cost $10 a gallon and eggs $22 a dozen, and the long trip by snowmobile to the store means running through $50... More »

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Alaska • severe weather • heat • food prices • rural area • winter

 Dairy Farmers Going Udders Up 

Economy slams cow tenders

Jan 12, 09 4:48 PM CST
(Newser) - Dairy farmers are struggling to survive in the face of huge drops in the price they get for milk, the San Francisco Chronicle reports. Though grocery store prices have stayed relatively constant, farmers are now getting just $10 for each hundred pounds of milk they sell, down from $20... More »

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agriculture • farming • dairy • food prices • dairy products • agricultural economy • financial crisis

UN Report
Finds Nearly
1B Are Hungry

Cost of basics is down, but still 28% higher than just 2 years ago

Dec 10, 08 12:54 PM CST
(Newser) - Rising food prices have pushed the number of people going hungry to 963 million, or 14% of the world's population, says a UN report published yesterday. Though costs have dropped from historic peaks, basics still cost 28% more than in 2006. That's left 40 million more people undernourished this year,... More »

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United Nations • hunger • starvation • food prices • financial crisis

 At Deep-Sixed Prices, 
 Consider the Lobster 

Cost of crustaceans hits 25-year low

Dec 10, 08 10:56 AM CST
(Newser) - Prices are dropping on all sorts of luxury goods—and lobster, now less than $10 a pound, is no exception. It’s the lowest price in 25 years, and might not last as fishermen give up on the trade. Spending $30 for the star of a weeknight dinner at home... More »

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recipes • seafood • food prices • lobster • financial crisis • economic downturn

GLOSSIES

 In Tough Times, Aldi 
 Promises Cheap Thrills 

Shoppers turn to Aldi for cheaper groceries as recession looms

Nov 7, 08 1:28 PM CST
(Newser) - It may not stock Coke or tempt shoppers with fancy end-aisle displays, but bare-bones grocery chain Aldi fits these tough economics, reports Time. With Americans downgrading to cheaper stores, Aldi's generic, spartan approach is attracting customers eager to save a buck, or more, on a gallon of milk. The chain... More »

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Whole Foods • food prices • grocery stores • financial crisis • Aldi

Double Cheeseburger Gets Boot for One-Slice McDouble

McDonald's new burger, with less cheese, takes standby's place on dollar menu

Oct 29, 08 5:01 PM CDT
(Newser) - Grumbling from franchisees has McDonald’s set to bump the price of its double cheeseburger up to $1.19, the Chicago Tribune reports. That, of course, would knock it off the popular dollar menu, so plans are to replace it there with the new McDouble—virtually the same burger but... More »

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McDonald's • franchise • fast food industry • food prices • double cheeseburger • McDouble

ANALYSIS

Let's Chow Down on the Food System

Open letter to prez candidates calls for overhaul—now

Oct 12, 08 5:05 PM CDT
(Newser) - Americans touch it everyday and it’s a matter of national security, but John McCain and Barack Obama haven’t raised the issue while campaigning: America’s food system is in dire need of an overhaul, Michael Pollan writes in an open letter to the candidates in the New York ... More »

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food • energy • agriculture • FDA • meat • food prices • animal • farmers

Biofuels Not Worth Upward Push on Food Prices: UN

Nations should rethink subsidies: report

Oct 7, 08 4:33 PM CDT
(Newser) - While use of biofuels is supposed to combat climate change, the effects of its production on food prices is not worth the emissions they offset, the United Nations Food and Agriculture Organization said today. The FAO called for countries to review production quotas and subsidies that encourage biofuel use in... More »

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climate change • United Nations • global warming • biofuel • biodiesel • food prices • carbon emissions

You Can't Binge on This Anymore

Food makers shrink packages instead of hiking prices

Sep 14, 08 8:54 AM CDT
(Newser) - The half-gallon of ice cream is going the way of the soda fountain, as many manufacturers shave ounces off the size of prepackaged foods—without reducing prices, reports the New York Times. The practice, a response to the bump in transportation and ingredient costs, isn't novel, but the reaction is,... More »

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food prices • consumer advocacy • fuel costs

 Food Prices Boom, 
 But Organic Still Sells 

Despite rising consumer prices, revenues should reach $33B in 2008

Sep 13, 08 6:19 PM CDT
(Newser) - Sales of pricey organic foods have remained strong despite rising food prices, proving organic naysayers wrong, Meredith Niles blogs in Grist. In fact the organics industry has enjoyed double-digit growth since 2005, and while it may not achieve such impressive numbers this year, the trend suggests that consumers are happy... More »

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organic food • food prices • groceries

 Japanese PM Resigns

Fukuda hopes move will clear parliamentary gridlock

Sep 1, 08 11:42 AM CDT
(Newser) - Yasuo Fukuda has resigned as Japan’s prime minister, the AP reports. Fukuda said he was stepping down to ensure that a special session of parliament to address the economy runs smoothly. Fukuda, whose approval rating is at 29% after less than a year in office, has presided over a... More »

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Japan • resignation • prime minister • food prices • Yasuo Fukuda • parliament • Japanese economy • fuel costs

Food Makers Tweak Recipes to Cut Costs

Hershey, others quietly substitute cheaper ingredients, fillers

Aug 23, 08 10:01 AM CDT
(Newser) - Food manufacturers are adjusting their recipes to cut costs as ingredient prices climb, the Wall Street Journal reports. Hershey is replacing some of its cocoa butter with vegetable oil, while General Mills is dumping pecans for walnuts in one cookie. McCormick, McDonald's, and other companies are making similar moves. But... More »

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food • McDonald's • Hershey • recipes • General Mills • food prices • economy

 Record Food Price Hikes Loom

Biggest increases for 20 years forecast

Aug 21, 08 7:59 AM CDT
(Newser) - Americans should get ready for pain at the supermarket checkout, reports Reuters—and squash any hopes of food prices getting better next year. A revised USDA forecast predicts a 5% to 6% leap in food prices this year—the biggest increase in 20 years—and USDA officials fear 2009 could... More »

MORE ABOUT:
inflation • cereal • USDA • food prices • Ed Schafer • meat and poultry • fruit and vegetables • Fall harvest

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