The food truth: Ag policies feeding Europe cheaply while we pay more!
Filed under: Budgets, Food, Ripoffs and Scams, Shopping, Recession
As the cost of food has skyrocketed, my wife and I have gotten pretty good at stretching our budget to the breaking point. We've cut back on our restaurant visits, joined a CSA for fresh vegetables, found the cheapest markets in our area, begun using the dollar store as a source for canned foods, and started taking a weekly trip to Trader Joe's. Consequently, we've managed to eat as well, or better, than we did when food prices were lower; still, there are some areas where we can't cut back. For example, over the past year, the orange juice that my wife and daughter drink has gone up from $2.50 per half gallon to $3.99. On some days, I'm still able to get it at $6 for two half gallons, and I recently saw it at $5 for two, but these surprises have become few and far between.
We've all heard the numbers, but it's still worth noting that, according to the last Consumer Price Index report, Grade A eggs are up 40% over last year's prices. Cheddar cheese has risen 14%, dried beans have gone up 25%, and white potatoes have risen 11%. This has been happening for a couple of years: between 2006 and 2007, the Consumer Price Index for food rose by 4%. At the time, this was the largest increase in more than 15 years, but it has risen by a further 6% over the last year and food prices are on track to rise by 7% in 2008. The standard reason for this massive increase is that escalating gas prices have made it more expensive to transport food. While this is true, it is only a small part of the story.


According to 
A couple of months ago, I wrote a
I grew up in a "traditional" family with the sort of mom who got up early to make us a big breakfast. I remember eggs, pancakes, biscuits, sausages, toast, and always a pitcher of freshly-mixed juice. We were also firmly on the underside of the poverty line (so it was margarine on our toast and generic brand 'pancake syrup' on our flapjacks).
Every day, WalletPop will be bringing you information about a fantastic freebie. Like what you see? Check back tomorrow for more!
It's commonplace for customers to ask for some kind of freebie if a meal is screwed up or if the service is poor at a restaurant and most places will happily oblige. It's another story entirely when consumers threaten to leave a bad review of the restaurant on an online review site. This has been happening in San Fransisco at several restaurants where
China has ordered the 112 official Olympic restaurants not to serve dog meat during the Beijing Olympics in August so as not to gross out Westerners. They also strongly suggest that all the other eateries in town stop selling dog meat for the month, too. The move is like their orders to
In a comment made in response to
No need to panic yet, but you may have heard the buzz that honeybees have been disappearing from the Earth.
I'm in New York City this week and one of the exciting things about that is that I can try a wide variety of foods that Cape Cod grocery stores don't have. Today I bought a package of "Glenny's Low-Fat Soy Crisps" and, while they were quite good and relatively healthy for a packaged snack food, the consumer advocate in me has some complaints about the advertising on the package at right. It reads "10 Grams pure Soy Protein" and "Only 65 Calories per Serving."