Grand County Uncensored Headline Animator

Thursday, February 24, 2011

Food Prices Headed To 2008 Levels

"Food prices are forecast to rise a sharp 3.5 percent this year -- nearly double the overall inflation rate. The lion's share of the increase is expected in the second half of 2011 when the recent uptick for commodities, such as corn and soybeans, makes its way through the food system. Just last month, USDA forecast an increase of 2.5 percent in 2011."(Reuters)


Think about the implications of what this will do to the thousands of people in Grand County who are already stretched as thin as they can be. Add in skyrocketing gas prices, and we have a problem.

No comments:

Post a Comment

Say anything you want. Please don't cuss. If you post anonymously, please post your county of residence. Make sure you have Javascript enabled on your browser's preferences.