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To: Les H who wrote (120752)5/5/2008 4:06:17 PM
From: Les HRead Replies (1) | Respond to of 306849
 
Pork, chicken prices may rise in next wave of food inflation

Americans may be getting another helping of food inflation, and it seems likely to come from higher prices for chicken and pork.

Overall food inflation could double this year, lifted by the rising costs of fuel, corn and soybeans, some analysts predict.

Food inflation hit 4 percent last year, up from 2.4 percent in 2006. While beef prices were already high, chicken and pork prices didn't reflect record costs for feed and fuel. That's poised to change as chicken and pig producers who have been losing money slaughter more animals to decrease the supply and raise the prices they can charge.

news.yahoo.com



To: Les H who wrote (120752)5/5/2008 4:24:37 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
shopped the other day and sure enough, all the larger packages of rice were gone (i don't bulk bulk, just the 2 lb. bags of brown rice)

specialty rices with added ingredients and high prices were still on the shelves

(and geez, how bad is it when people cannot even afford their own costco membership)


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