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I saw this article in the Des Moines Register today about food is costing more. However, don't blame farmers, blame energy costs.
Report: Food is Costing More
by Anne Fitzgerald
April 4
It's costing more to put food on the table.
During the first quarter, U.S. retail prices for pork chops rose 15 cents per pound, while ground beef increased 30 cents and cheddar cheese jumped 50 cents, the American Farm Bureau Federation reported Monday.
But don't blame farmers, said Terry Francl, senior economist with the Washington, D.C.-based trade group. Expensive energy, not prices paid to producers, is the main culprit, he said.
In its first market-basket survey of the new year, the Farm Bureau found that the cost of 16 basic food items was $40.73, up $1.90, or nearly 5 percent, in the first quarter of 2006, compared with the fourth quarter last year.
Prices for 11 items increased, while those for five others fell.
At the farm level, prices fell for livestock, poultry and dairy products during the first quarter, according to the Farm Bureau, which has conducted the quarterly food-price survey since 1989.
1 comment:
Oh yes, once the Long Emergency comes into everyone's family room, the SE and SW will be migratiing to places like the midwest and the Pacific NW.
(to learn about about the Long Emergency check www.kunstler.com and read his great weekly blog)
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