U.S. Companies Shrink Packages as Food Prices Rise.
Reader Bryan E. wrote to mention: "Over the weekend we had visitors who are in the wholesale food distribution business. They were relating that they had experienced a 14% increase in wholesale food prices during just the month of March. Here are some examples:
Item Size March 1st Price April 1st Price
Sugar 55 lb. $33 $37
Flour 50 lb. $11 $16
Butter 30 lb. $74 $91
Margarine 30 lb. $17 $24
Catfish 15 lb. $54 $89
Cheese 42 lb. $2.55/lb $2.91/lb
Restaurateurs are greatly concerned about how they are going to adjust for these major monthly price increases during a period of already slow business. Many imported food products now have limited availability because the home countries are retaining them for domestic use."
Source: survivalblog.com
0 comments:
Post a Comment