After years of quiet on the inflation front, a six-month spike in the prices of grain, meat, dairy, energy and oil is squeezing through the U.S. food system. The wave hasn't hit consumers full-on, but it's coming.
An obscure bureaucratic regulation proposed by the U.S. Department of Agriculture’s Grain Inspection, Packers and Stockyards Administration will lead to higher consumer prices for meat and meat products.
Grocery shoppers are finally seeing some reprieve from last year’s steep price increases. Food prices are dropping on some key items as retailers slash prices to better compete and food makers do more promotions and pass along savings from lower ingredient and gasoline costs.
Emily Fredrix and Sarah Skidmore
, September 08, 2009
Ryan Potato gives away 40,000 pounds of potatoes On the day before St. Patrick’s Day, it took four hours to pass the potatoes — but that was just half the time allotted by Ryan Potato Co. and the Salvation Army to distribute 40,000 pounds of spuds today. By noon, the long Ryan semi parked in the former Leever’s parking lot on South Washington Street sat empty, and volunteers stood with two dozen still-hopeful people, waiting for the last of nine pickup reloads coming from the Ryan plant.
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