Higher grocery bills

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	Higher grocery bills

bignosemousie

8-20-2007 9:37 AM

471 views

tags:

environment, agriculture, corn, ethanol, farming, shopping, consumerism

bignosemousie says:

There is so much more info at the source. I recommend reading the entire article.

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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/a7cbd78e-2673-4113-951f-2f3201533ebf/CAE15EC7-2E56-4F28-8AB7-BBF9D4045BFB/" 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.chron.com/disp/story.mpl/front/5067156.html" href="http://www.chron.com/disp/story.mpl/front/5067156.html" style="font-size: 11px;">www.chron.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chron.com/disp/story.mpl/front/5067156.html"><P>In the Houston area, grocery prices rose 0.9 percent in July, on the heels of a 0.4 percent increase in June, according to the latest numbers from the Bureau of Labor Statistics. A basket of groceries that cost $100 in July 1984 and $183 a year ago would cost nearly $190 today.</p> <P>Nearly two-thirds of Americans reported paying significantly more per week — between $8 and $20 — for groceries, according to a survey by America's Research Group. That's up from 53 percent in February and March.</P></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.chron.com/disp/story.mpl/front/5067156.html">Part of the rise in price is increased demand. About 14 percent of the U.S. corn crop is going to produce ethanol as an environmentally-friendly alternative and gasoline supplement.</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.chron.com/disp/story.mpl/front/5067156.html">Higher fuel costs translate to higher food prices because very little food gets eaten in the same part of the world where it is grown, </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.chron.com/disp/story.mpl/front/5067156.html">In addition to more corn going to ethanol, growing wealth in China and other developing nations means those countries have more money to buy food.</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/CAE15EC7-2E56-4F28-8AB7-BBF9D4045BFB/blog/" title="blog or email this clip"><img src="http://content7.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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