Compliments of Dan Norcini from JSMineset
Posted: Nov 04 2010 By: Dan Norcini Post Edited: November 4, 2010 at 10:45 am
Food Sellers Grit Teeth, Raise Prices
From THE WALL STREET JOURNAL – An inflationary tide is beginning to ripple through America’s supermarkets and restaurants, threatening to end the tamest year of food pricing in nearly two decades. Prices of staples including milk, beef, coffee, cocoa and sugar have risen sharply in recent months. And food makers and retailers including McDonald’s Corp., Kellogg Co. and Kroger Co. have begun to signal that they will try to make consumers shoulder more of the higher costs for ingredients. LINK...
