Chinese city stews over rising cost of beef noodles


	Chinese city stews over rising cost of beef noodles

jetcloud

7-29-2007 9:41 AM

254 views

tags:

food

jetcloud says:

"Food prices worldwide have risen 23% in the last 18 months, according to the
International Monetary Fund, partly because of soaring demand for corn to make
ethanol."

1 Comment |

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7-29-2007 2:12 PM

righthand

bad use of food

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a9e8ef1f-26d4-4286-8b84-be5d9af446c5/A4839CA9-55C6-41DC-AAF4-189029691185/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.latimes.com/business/la-fi-noodle28jul28,0,3512507.story?coll=la-home-center" href="http://www.latimes.com/business/la-fi-noodle28jul28,0,3512507.story?coll=la-home-center" style="font-size: 11px;">www.latimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/business/la-fi-noodle28jul28,0,3512507.story?coll=la-home-center"><DIV class="storysubhead">A global surge in food prices hits the popular dish.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/business/la-fi-noodle28jul28,0,3512507.story?coll=la-home-center"><DIV>
In China, meat and poultry prices have increased 20% from a year earlier; eggs are up 28%. Besides higher grain prices, an outbreak of "blue ear disease" at pig farms cut into pork supplies, while growing incomes continue to bolster demand for meat, particularly along China's prosperous east coast.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/business/la-fi-noodle28jul28,0,3512507.story?coll=la-home-center"><DIV>
Even the price of cheap instant noodles is up; Chinese media said this week that it would rise this week 20% to 40%, in part because the cost of palm oil, a major ingredient, had nearly doubled in the last year. Palm oil prices have been driven up by rising demand for biofuel in Europe and strong demand from food sectors in countries such as fast-growing India.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/business/la-fi-noodle28jul28,0,3512507.story?coll=la-home-center"><DIV>
Beef noodle maker Wei De, 50, is also feeling the pinch. His biggest cost, beef, has jumped more than 20% in the last few months, to $1.30 a pound, and butchers won't throw in bones for free anymore.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/business/la-fi-noodle28jul28,0,3512507.story?coll=la-home-center"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.latimes.com/img/425F8E20-2C22-45A5-8E4F-54383E2B2B17" alt="Price surge" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/business/la-fi-noodle28jul28,0,3512507.story?coll=la-home-center"><DIV class="headline10"><A _base_ target="win_31483655" href="http://www.latimes.com/business/la-fi-noodle28jul28_jlp6pcnc,0,1283386.photo?coll=la-home-center" linkindex="80" set="yes">Price surge</A></DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A4839CA9-55C6-41DC-AAF4-189029691185/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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