How much does it actually cost to "Bring Home the Bacon?" This blog will provide insight into the economics of the Food Industry and what your money actually goes to...
Sunday, March 20, 2011
Rising food prices show no signs of stopping
Food prices are climbing at record rates. Prices have faced a 3.9 percent increase since February, the fastest rise in over thirty years. The food industry has felt pressure from a multitude of negative factors recently. The majority of these price increases have been attributed to unfavorable freezing weather conditions in the southern United States as well as various kinds of bad weather earlier in the year on the global level. Even fast food companies are feeling the effects of these rising food prices. I suppose this just makes it harder for people to make healthier but more expensive food choices instead of unhealthy and less expensive fast food choices.