
“The Buffalo wing isn’t the only food item projected to jump in price next year, though it is one of the more dramatic upward shifts. Because of a drought that parched the Midwestern part of the country this past summer, nearly every food product tied to corn will see price increases in 2013. And overall, household food prices are expected to rise between 3 and 4 percent, according to projections from the 2012-2013 Food Price Outlook from the US Department of Agriculture. In addition to the corn itself, which had a weak crop as a result of the drought, prices will go up on proteins like beef and chicken, because livestock feed is primarily made of corn.”
Related posts:
Obama, Republicans gear up for bruising U.S. budget fight
Wikileaks release of TPP deal text stokes 'freedom of expression' fears
India Could Be The Next Booming Market For Bitcoin
Anthony Gregory: Newtown and the Bipartisan Police State
China Lets Banks Roll Over Loans Backed by Pledges of Shares
Texas Proposal Would Make Local Police Enforcement Of Federal Gun Laws A Crime
Chinese Hackers Could Face Aggressive Action From U.S. Over Cyber Attacks
'Liberator Of Kuwait': ‘Stormin Norman’ Schwarzkopf dead at 78
Western Investors Cash in on Chinese Surveillance Program Targeting Muslims For 'Re-Education'
It’s Adapt or Die in the New Saudi Economy
Judge calls D.C. police officer charged with child sexual abuse a ‘danger’
Sixty people injured in riot at Madrid music festival
'Brighter than a full moon': The biggest star of 2013... could be Ison - the comet of the century
Hong Kong Billionaire Brothers Give $350 Million To Harvard University
DHS ‘fusion centers’ portrayed as pools of ineptitude, civil liberties intrusions