Channel Button

There are 21 articles on this title. You are reading the article ranked and rated #8 by Helium's members.

Politics, News & Issues   >

Food & Agriculture

Rising food prices - A global concern

Grocery costs are rising nationwide at a faster rate than we've seen for the past 18 years. According to the Bureau of Labor statistics, within the last year food prices as a whole have increased about 3%. More startling, milk prices have escalated 20 percent, tomatoes have increased 20 percent, and eggs are up a staggering 25 percent.

Why is this?

Rising fuel costs are an easy target for the blame. It's not just at the Hess or Sunoco that gas is making a bigger dent in our wallets. Increased fuel costs lead to increased transportation costs, which make up a large fraction of many costs. Compounding the problem, as oil prices have risen, there has been an increased demand for ethanol as an alternative fuel, which has pushed corn and other commodity prices higher.

Additionally, although Bostonians have come to love fresh fruits and produce through all months of the year, many of the developing nations that provide much of the off-season fresh fare are now exporting less. As the U.S dollar has weakened and demand for food within their countries has increased along with their incomes, exporters are exacting a higher price.

With the increased grocery prices, many Boston residents are now being forced to "shop around" for the best deal on particular food items at different supermarkets. In a recent study, TAB reporters compared food prices at local grocery markets. For produce in particular, Trader Joes and Super 8 offered the most competitive prices, whereas Shaw's supermarket had the best prices for the staples of milk, bread, eggs, and meat. Stop and Shop had the lowest-priced options for orange juice, brownies and turkey. Some shoppers are now choosing to travel to multiple grocery stores to get the best possible prices.

Can we expect these prices to stop rising? In the near term, this seems unlikely, as the transport, commodity, and export trends are doubtful to change within the next couple of years. Ultimately, as we find new ways to bring food to market, potentially from more local operations or from different crops that are easier to transport, we may see some food prices level off or decline. Until then, Bostonians will have to learn how to get around the higher prices.

-
Average changes in food prices from 2006 to 2007 at Shaws Supermarket:

Butter (1 pound)
2006- $2.79
2007- $3.52

Orange Juice
2006- $2.89
2007- $3.79

Milk (1 gallon)
2006- $2.04
2007- $3.09

Learn more about this author, Bella Cooper.
Contact this writer Click here to send author comments or questions.


Below are the top articles rated and ranked by Helium members on:

Rising food prices - A global concern

  • 1 of 21

    by Carel Two-Eagle

    Do you want to know the biggest reason why food prices are rising all over the world? It is simple. Human over-popu... read more

  • 2 of 21

    by William Prest

    Causes Behind Rising Food Prices A combination of factors exists as the cause of rising food prices around the wor... read more

  • 3 of 21

    by Rob Bryant

    We live in a complex world with highly complex relationships between world markets and world finances. Rising food pr... read more

  • 4 of 21

    by Christine A. Obrien

    If you've done a double take when picking up a half-gallon of milk or a loaf of bread at the supermarket, you aren't ... read more

  • 5 of 21

    by Gary C. Gibson

    Starvation management is a result of globalist corporatism and allocation of resources prioritization that regards en... read more

View All Articles on:
Rising food prices - A global concern

Add your voice

Know something about Rising food prices - A global concern?
We want to hear your view. Write_penWrite now!

Debate Icon

Cast your vote!

Is increasing nuclear power's share of our power generation worth the risks?

Click for your side. Must be logged in.

136374

Featured Partner

Single Global Currency Association

Single Global Currency Association has partnered with Helium, giving you the chance to write for a cause. Browse...more

What is Helium? | User Guide | Community | Link to Helium | Privacy | User Agreement | DMCA

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA