Content Tagged As food_prices

2 years 11 months ago

Corn surplus may affect food prices

WASHINGTON (AP) - Food prices could rise more slowly next year because farmers have a bigger surplus of corn on hand than previously thought. The Department of Agriculture estimates farmers have 206 million more bushels of surplus corn on hand at the start of this year's harvest. That means...

3 years 1 month ago

Food prices up

WASHINGTON (AP) - Companies paid more in July for raw materials and wholesale goods. Food, tobacco and pickup truck costs drove the increase. The Labor Department says the Producer Price Index, which measures price changes before they reach the consumer, rose 0.2 percent last month. That follows a 0.4...

3 years 7 months ago

World Bank: Food prices at "dangerous levels"

WASHINGTON (AP) World Bank President Robert Zoellick says global food prices have hit "dangerous levels" that could contribute to political instability, push millions of people into poverty and raise the cost of groceries. The bank says in a new report that global food prices have jumped 29 percent in...

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