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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: food prices

food prices stories: 81 news summaries

21 - 40 of 81 Stories | << Prev 1 2 3 4 5 Next >>

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 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

Plains States See Boom,
But Await Bust

Strong farming economy highlights nationwide differences

Aug 20, 08 2:33 PM CDT
(Newser) - Driven by rising food prices and farmers’ access to loans, the Plains states are a bright economic spot amid the nationwide slump, the Washington Post reports. Farm country was able to avoid the housing bust because it also avoided the boom. And retail space is filling up as consumer... More »

MORE ABOUT:
farmland • retail sales • food prices • farm • fuel costs • feed prices • bust • farmers • bubble

ANALYSIS

 As Food Prices Rise,
 Lobster Treads Water

In Maine at least, local economies dodge the perils of globalization

Aug 20, 08 12:43 PM CDT
(Newser) - As global demand drives food prices to new highs, there’s one high-end food item whose price is in decline, Daniel Gross points out in Slate: lobster. In Portland, Maine, a pound of lobster costs slightly more than a gallon of gasoline, a ratio that historically was more like 4-to-1.... More »

MORE ABOUT:
food prices • speculation • supply and demand • food industry • lobster • global food crisis

 Indian State 
 Recommends Eating Rats 

Adding rodents to menu pushed as solution to food crisis

Aug 18, 08 12:47 PM CDT
(Newser) - Faced with high food prices and ebbing grain reserves, officials in the Indian state of Bihar have endorsed the consumption of rats, Reuters reports. The state government sees the strategy as a way to reduce the pest population as well as curb the demand for grain, and has even proposed... More »

MORE ABOUT:
food • India • hunger • famine • rats • food prices • grain

(Newser) - Chocolate maker Hershey said today it is raising prices by about 10% to offset the new costs of ingredients, Reuters reports. Commodities like cocoa and peanuts are up between 20% and 45%, it said, yet one analyst called the price hike a "real surprise." The candy giant also... More »

MORE ABOUT:
The Hershey Company • chocolate • candy • retail sales • food prices • price increases • commodities

Bank of England Pressed to Rein in Inflation

Food, energy prices soar, push inflation to highest rate in 16 years

Aug 13, 08 10:26 AM CDT
(Newser) - Great Britain’s inflation rate—driven by energy and food prices rising at the fastest pace in more than 20 years—is on track to hit 5% by autumn, reports the Guardian. The cost of living jumped 0.6% to a 16-year high of 4.4% last month, the largest... More »

MORE ABOUT:
inflation • core inflation • credit crisis • food prices • Bank of England

ANALYSIS

Producers Quick to Pass Price Hikes Down Food Chain

Pricier grain, energy make everything more expensive, from cereal to meat

Aug 8, 08 1:01 PM CDT
(Newser) - Soaring grain and energy costs are driving food prices skyward, and big producers are moving to pass price hikes down the food chain to consumers on everything from cereal to meat, the Wall Street Journal reports. And costs won’t likely decrease, with biofuel demand eating up more corn than... More »

MORE ABOUT:
meat • recession • General Mills • food prices • grain • agricultural economy • corn shock • energy costs • food production

Struggling Whole Foods Pushes Cheaper Image

Chain's 'Whole Paycheck' nickname becomes albatross in downturn

Aug 5, 08 6:00 PM CDT
(Newser) - Whole Foods is attempting to lose its reputation for high prices as shoppers increasingly look for thrift, the New York Times reports. The economic slump has changed shopping patterns: A July survey estimated that 20% of US shoppers have switched to cheaper grocery stores. Whole Foods has cut prices and... More »

MORE ABOUT:
organic food • Whole Foods • luxury • food prices • grocery stores • economy • Thrifty

Struggling College Students Turn to Food Banks

Soaring cost of staples drive students to charity pantries

Jul 26, 08 6:35 AM CDT
(Newser) - With some groceries costing 30% more this year, food banks have surprising new customers: college students. About 150 visit a Seattle food pantry each week, up 25% from last year, while a Denver college food program has seen its numbers double. "With things the way they are, a lot... More »

MORE ABOUT:
college • food prices • food banks • college costs • food stamps

Interview

 Agricultural Economist 
 Has Growing Concerns 

The insanity of farm subsidies just one facet of wide-ranging Q&A with Daniel Sumner

Jul 25, 08 1:45 PM CDT
(Newser) - Is there any way to justify US farm subsidies? Agricultural economist Daniel Sumner has a blunt answer: “No.” In an in-depth interview with the New York Times, Sumner takes on a broad range of agricultural topics, explaining the trouble with organic food (it’s too expensive), the problems... More »

MORE ABOUT:
agriculture • organic food • biofuel • US economy • food prices • farm bill • agricultural economy • subsidies • Daniel Sumner

 Biofuel Caused Food 
 Crisis: Secret Report 

Findings covered up to avoid US embarrassment

Jul 4, 08 3:45 PM CDT
(Newser) - Biofuel production has been the driving force behind the growing food crisis, pushing prices up 75%, according to a confidential World Bank report obtained by the Guardian. The most detailed research ever conducted on the issue emphatically contradicts the US position that biofuels are responsible for a mere 3% price... More »

MORE ABOUT:
Bush administration • hunger • ethanol • World Bank • biofuel • food prices • George W. Bush

Americans Have Less in Their Shopping Carts

Downsizing on the rise, whether consumers notice it or not

Jun 30, 08 1:04 PM CDT
(Newser) - Food prices are rising, but thanks to some chicanery on product labels, many Americans may not realize it. Instead of raising prices, manufacturers are slimming cereal boxes, juice cartons, and bars of soap, and they’re doing it very quietly. If asked, they’ll say it offsets rising fuel and... More »

MORE ABOUT:
US economy • label • food prices • portions • grocery stores • weakening economy • economy

Export Bans Push Food Costs Even Higher

29 nations move to keep more food at home

Jun 30, 08 7:23 AM CDT
(Newser) - Alarmed by high food prices and shortages worldwide, some 29 countries are banning or reducing exports of foods to make sure they have enough at home. Such limitations pose a threat to countries that rely on imports, forcing prices up further, the New York Times reports. What’s more, the... More »

MORE ABOUT:
food scare • exports • rice • food prices • food shortage • World Trade Organization.

 Floods Ruin Midwest Economy 

Food prices repercussions will be felt around the state

Jun 20, 08 2:30 PM CDT
(Newser) - The floods ravaging the Midwest are taking a catastrophic toll on the region's farmers, and consumers across the country will feel the pinch in higher food prices, MSNBC reports. Even if waters recede quickly, farmers will lose a sizable chunk of the season—they need about 120 growing days—and... More »

MORE ABOUT:
Midwest • farming • corn • flood • food prices • grain • Midwest floods

ANALYSIS

Consumer Mood More Downbeat Than Economy

Pessimism could lead to real recession

Jun 18, 08 3:17 PM CDT
(Newser) - The economy, statistically speaking, is sluggish, but hardly Great Depression-like—though American consumers seem to disagree, the Washington Post reports. They're paying more for everything from gasoline to grapefruit, are watching the value of their homes decline and fear their jobs may be disappearing—which, policy-makers worry, could breed behaviors... More »

MORE ABOUT:
housing market • recession • gas prices • credit crisis • food prices • financial crisis

As Prices Soar, Congress Aims at Speculators

Out-of-control traders may be driving up oil, food costs, pols say

Jun 13, 08 8:30 AM CDT
(Newser) - Congress is blaming rampant commodity speculation for rocketing gas and food prices, and berating regulators for letting it happen, the New York Times reports. Unless watchdog groups like the Commodities Futures Trading Commision crack down, Carl Levin says, "we don’t have a cop on the beat.." Joe... More »

MORE ABOUT:
Congress • Carl Levin • food prices • oil price • Commodity Futures Trading Commission • New York Mercantile Exchange • commodities • commodities exchange • speculation • Joseph Lieberman • speculators

analysis

 US Economy Isn't
 Bouncing Back 

Fed cuts, stimulus package won't do the trick

Jun 8, 08 5:11 PM CDT
(Newser) - Forget those predictions of a US economic revival in 2008, Daniel Gross writes in Newsweek. The four horsemen of the economy—credit and housing crises, food and energy prices—are getting meaner, while booming commodities and crunching credit are curbing attempts to fight back. "As a result, the consumer-driven... More »

MORE ABOUT:
Wall Street • world economy • US economy • gas prices • credit crisis • food prices • commodities • subprime crisis • weakening economy • economy

 Investors Sink
 Billions in 'Green Gold' 

But some worry what happens when bottom falls out of farming

Jun 5, 08 8:22 AM CDT
(Newser) - Billions of investment dollars are pouring into agriculture as the global demand for food explodes, turning crops such as wheat, corn, and soybeans into green gold, reports the New York Times. And while the immediate impact of more money being fed into agriculture will likely result in increased food production,... More »

MORE ABOUT:
investing • agriculture • farming • corn • wheat • food prices • soybeans

OPINION

 Next Resource in Crisis: Water 

H2O is no longer 'cheap and unlimited,' says scientist

Jun 4, 08 4:30 PM CDT
(Newser) - While economists and world leaders fret about the global food crisis, there is another emergency that is just as urgent: the shortage of water, writes British scientist Fred Pearce in Yale Environment 360. No longer is water "a cheap and unlimited resource," and with two-thirds of water extracted... More »

MORE ABOUT:
China • water • biofuel • food prices • water shortage • Fred Pearce • Yellow River

Food vs. Fuel Battle
Flares at UN Summit

Egypt's Mubarak asks, should we be feeding people or cars?

Jun 4, 08 10:57 AM CDT
(Newser) - The battle over biofuels is raging at the UN’s food summit in Rome, with nations bitterly divided over whether growing corn and sugar cane for ethanol production is pushing food prices up and helping create disastrous global food shortages. On one side: Food experts who call diversion of crops... More »

MORE ABOUT:
United Nations • ethanol • biofuel • food prices • food shortage • food aid • food production • Jacques Diouf

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