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Food Prices

BUSINESS
March 2, 2009 | By Jerry Hirsch
There's a tug-of-war underway over food prices between the nation's supermarkets and giant food manufacturers including Nestle, Unilever and Kellogg. The nation's big grocery chains contend that food manufacturers have raised prices too fast and too far, considering large drops in prices for fuel, corn, wheat and other important commodities in recent months. The food companies disagree and say they are still coping with many rising prices themselves.

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NATIONAL
April 10, 2009,
The increased use of ethanol could cost the government up to $900 million for food stamps and child nutrition programs, a congressional report says. Higher use of the corn-based fuel additive accounted for about 10% to 15% of the rise in food prices from April 2007 to April 2008, according to the nonpartisan Congressional Budget Office. That translates into higher costs for food programs for the needy.
BUSINESS
March 16, 2008 | By Jerry Hirsch,
When a French-style patisserie opened on Pico Boulevard in Los Angeles six years ago, owner Julien Bohbot thought the competition for his small Delice Bakery would come from the other kosher bakeries down the street. But now Bohbot is competing with bakers from Paris and Pretoria -- all in search of flour. Short supplies have raised the price of wheat worldwide and sparked protests over the cost of tortillas in Mexico and pasta in Italy.
WORLD
April 1, 2008 | By Robyn Dixon,
From the world's poorest corners to its most prosperous, people are facing much higher prices for food. Increases are driven by the high cost of energy to grow and transport crops, poor harvests in major exporting countries such as Australia, increased demand in developing nations including China and India, and a rush to produce biofuels. High prices and shortages have led to violent protests and political turmoil.
WORLD
April 1, 2008 | By Tracy Wilkinson and Geraldine Baum,
From the world's poorest corners to its most prosperous, people are facing much higher prices for food. Increases are driven by the high cost of energy to grow and transport crops, poor harvests in major exporting countries such as Australia, increased demand in developing nations including China and India, and a rush to produce biofuels. High prices and shortages have led to violent protests and political turmoil.
WORLD
April 1, 2008 | By Patrick J. McDonnell and Chris Kraul,
From the world's poorest corners to its most prosperous, people are facing much higher prices for food. Increases are driven by the high cost of energy to grow and transport crops, poor harvests in major exporting countries such as Australia, increased demand in developing nations including China and India, and a rush to produce biofuels. High prices and shortages have led to violent protests and political turmoil.
WORLD
April 1, 2008 | By Laura King,
From the world's poorest corners to its most prosperous, people are facing much higher prices for food. Increases are driven by the high cost of energy to grow and transport crops, poor harvests in major exporting countries such as Australia, increased demand in developing nations including China and India, and a rush to produce biofuels. High prices and shortages have led to violent protests and political turmoil.
BUSINESS
April 1, 2008 | By Jerry Hirsch,
The U.S. Agriculture Department sent shudders through much of the food industry Monday when it released estimates that showed farmers would plant 8% less corn this year. With corn prices already pushing up food prices, a spokesman for the Grocery Manufacturers Assn. called the projection "alarming" and warned that the estimate bodes ill for consumers at the supermarket.
WORLD
April 9, 2008,
Hungry Haitians tried to storm the presidential palace Tuesday to demand the resignation of President Rene Preval over soaring food prices. Protesters charged the palace's gates with a rolling trash bin, but Brazilian soldiers in blue United Nations helmets fired rubber bullets and tear gas to force them back. Outnumbered peacekeepers watched as people looted nearby businesses.
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