food prices – News Stories About food prices - Page 8

Russia Freezes Food Prices as Election Looms

Oct 24, 2007 10:54 AM CDT

Russia Freezes Food Prices as Election Looms

Across the globe, rising agriculture costs take a political toll

(Newser) - In an effort to halt spiraling food prices ahead of parliamentary elections, Russia will today sign an agreement with its biggest grocers that freezes the cost of basic foodstuffs at October 15 levels. But while the move sounds a bit Soviet, Russia joins a host of nations in reacting to...

More People Skipping Basics to Pay the Bills

Oct 19, 2007 7:40 PM CDT

More People Skipping Basics to Pay the Bills

Analysts shocked as food banks run short, stores adjust prices

(Newser) - More Americans are skipping breakfast and other basics just to pay the bills, the AP reports. With gas hitting highs this year and food prices up as much as 44%, even $35,000-plus wage earners are lining up for food, and food banks report acute shortages. One consultant says he...

Grain Price Hikes: Here to Stay

Sep 28, 2007 2:40 PM CDT

Grain Price Hikes: Here to Stay

Lasting hikes triggering profound changes for farmers and consumers

(Newser) - Rising global demand is pushing prices for grain and other crops to record heights and dramatically altering the food landscape for both farmers and consumers, the Wall Street Journal reports. Unlike ordinary price hikes, caused by crop failures, these increases—corn up 40%, soybeans 75%, wheat 70%—could last 10...

Soaring Inflation Rocks China

Sep 11, 2007 3:36 AM CDT

Soaring Inflation Rocks China

Food prices feeding public unrest

(Newser) - China's soaring inflation rate is the highest in a decade, putting pressure on the central bank to hike interest rates for the fifth time in six months to cool China's superheated economy. Food prices have jumped 18%, raising fears of public unrest., Bloomberg reports. Consumer prices rose across the board...

High Food Prices Hurt World's Poor

Jul 24, 2007 5:36 PM CDT

High Food Prices Hurt World's Poor

Relief groups find resources, ability to help stretched thin

(Newser) - For the world's poorest people, the quantity and quality of food are increasingly at risk. Wholesale prices of basic foods are 21% higher now than in 2005, with grain surging more than 30%. What's more, the total volume of food delivered by US-funded groups has declined 52% in the last...