Searching for my own fundament since 1980.

Wednesday, April 16, 2008

food prices skyrocket

Food Costs Rising Fastest in 17 Years: Financial News - Yahoo! Finance:
Wonder Bagels, in Jersey City, N.J., posted a letter from its wheat supplier, A. Oliveri & Sons, saying the recent situation was unprecedented.
'The major mills across the country are using words like 'rationing' and 'shortages' if things continue,' it said. 'We will sweat out the summer together, hoping there will be some flour left to purchase at any price.'

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