Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: marcos who wrote (68901)	4/29/2008 1:06:53 PM
From: Snowshoe	Read Replies (2) of 74559

We had a rice stampede here yesterday at Costco! I don't know why, since the average American is hoarding enough calories around the waist to live for six weeks without food. Hmmm... guess I have a few extra pounds myself. Need to finish my bike maintenance, so I can start riding next weekend. Anchorage food prices soar with fuel costs 10 PERCENT IN 3 MONTHS: Drought and farm subsidies squeeze consumers. By GEORGE BRYSON gbryson@adn.com Published: April 29th, 2008 12:03 AM Last Modified: April 29th, 2008 04:40 AM You can see it in the bread aisle at Carrs, where shoppers nowadays stare long and hard at a small $4.50 loaf of all-grain Oroweat Best Winterwheat bread before placing it in the cart. Or at the Costco on DeBarr Road, where fears over rice availability and price increases to come created a small stampede near the entrance Monday morning as customers raced for the food aisles -- clearing out four whole pallets of rice in less than 15 minutes. More... adn.com Sidebar... TUNA up 34% 2007 $1.76 2008 $2.36 RICE up 85% 2007 $0.46 2008 $0.85 WHITE FLOUR up 21% 2007 $.34 2008 $.41 EGGS up 23% 2007 $1.80 2008 $2.22 COFFEE up 14% 2007 $2.40 2008 $2.74 CHEDDAR CHEESE up 61% 2007 $2.75 2008 $4.42 WHOLE GRAIN BREAD up 22% 2007 $1.48 2008 $1.81 WHITE BREAD up 33% 2007 $.92 2008 $1.22 GROUND BEEF up 18% 2007 $2.41 2008 $2.85 APPLES up 24% 2007 $.98 2008 $1.22

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