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sheila_gw

Food Prices

sheila
16 years ago

I just read that the Labor Dept. has issued figures that show that during the first four months of this year the seasonally adjusted rate for food prices rose 6.7% compared to 2.1% for the entire year last year!

I know I'm feeling the pinch - it seems everytime I go to the market the price of chicken (which I eat a lot) has gone up. Fish is wickedly expensive and I live in a fishing port where it comes right off the boat to the fish market. Whole grain bread is rising too (no pun intended).

It seems that the stockpile of grain world wide is diminishing and since it seems there is money iln growing corn for ethynol some farmers are turning grainfileds into cornfields.

I worry about how this must be affecting low and fixed income folks. No wonder there's so much obesity - it's getting more and more expensive to eat healthy - even supposing a person knew how.

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