Saturday, March 15, 2008

Food prices up; Ethanol to blame?

Why your food is costing more money
Wheat, corn, and soybean prices are surging; is ethanol to blame?
By Tom Curry - MSNBC
updated 3:47 p.m. ET, Fri., March. 14, 2008

WASHINGTON - If you’re fuming about how high gasoline prices have gotten, why not relax with a nice meal?
Perhaps a few beers and a turkey sandwich? Maybe a chicken Caesar salad?
Well, it's not just the price of gasoline that's going up. That beer, turkey and chicken are also costing more too.
As President Bush noted in his comments on the economy Friday, “Prices are up at the gas pump and in the supermarket.”
Full story:

No comments: