Like the dotcom burst and the subprime mortgage crash, Wall Street speculators are driving a food commodities bubble to its breaking point. If it bursts, high food prices could become the new norm, impacting wallets and bellies everywhere
For you and me, it likely means that our favorite breakfast sandwich has a higher price tag. But for the world's poorest people, even the slightest price increase can force families to sell the few assets they have and pull their children out school.
NEW YORK -- Cornflakes won't necessarily be more expensive as a result of rising corn prices, but the milk you pour over them might be.
A drought cov...
If you've been to the grocery store recently, you've probably noticed the jump in prices for some basic foods. Milk and meat have both gone up nearly ...
ROME -- International food prices have risen for the second time in two months, a U.N. agency said Thursday blaming bad weather in major exporting cou...
A program sponsored by the United States Agency for International Development (USAID) is warning of a possible spike in international rice prices, a d...
BOISE, Idaho -- The women sat expectantly as Monica Knight told them she once routinely spent $600 a month on groceries for her family of four. Breaki...
The dollar menu is a good value for customersābut does it make sense for fast food companies? Ad Age notes that economic turbulence of the past few ...
If you've gone to an ice cream parlor recently, you may have noticed that a cone (or cup) of ice cream has gotten more expensive. But before you chalk...
PARIS -- High food prices are likely to rise even further over the next decade, putting the poor at an increasing risk of malnutrition and hunger, a w...
SHANGHAI -- China's inflation rose to its highest level in nearly three years in May, thanks largely to stubbornly high food prices, adding to economi...
CATANDICA, Mozambique -- Peter Waziweyi is bouncing around the lush countryside of Mozambique in his 30-year-old truck, visiting his customers' maize ...
Fueling protests across the globe have a common factor: rocketing food prices caused by a "perfect storm" of natural disasters, rising oil prices and rapacious speculators.
SINGAPORE/LONDON (By Neil Fullick and Peter Apps) - Record high food prices are moving to the top of policymaker agendas, driven by fears it could st...
From The Associated Press:
WASHINGTON (AP) -- Wholesale prices rose more than expected last month as food prices surged by the most in 26 years. But ...