The American Empire in a Changing World


Saturday, November 24, 2012

''Give Thanks for Low Food Prices as They’ll Rise Next Year''

From Bloomberg

''Americans may want to freeze the leftovers from Thanksgiving dinner, as retail food prices are expected to rise next year, sparked by the country’s worst drought in more than half a century.

Next year, retail poultry prices are projected to increase as much as 4 percent, beef by 5 percent and dairy products by 4.5 percent because of higher feed prices and as herds thinned by the drought tighten supplies, the U.S. Department of Agriculture said.''

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