We have mentioned several times over the last few months our concerns regarding the rising cost of food. GroceryGuide.com not only tracks the grocery prices at over 30,000 stores across the U.S. but track food prices at the wholesale and producer levels. Our research tells us that something significant is developing. Consumers are starting to notice and we will see more purposeful thought in grocery purchases and meal planning as one of the effects.
In this article found in the New York Times they also speak of the scope of this world wide problem. Supplying the nutritional needs of the world and this nation is getting harder.
"In the last few years, world demand for crops and meat has been rising sharply. It remains an open question how and when the supply will catch up. For the foreseeable future, that probably means higher prices at the grocery store and fatter paychecks for farmers of major crops like corn, wheat and soybeans."
Read more:
A New, Global Oil Quandary: Costly Fuel Means Costly Calories - The New York Times
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