Business and Economy , National

The Takeaway explores the impacts of rising food prices on the nation

May 05, 2008, 09:32 AM

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A food price notice at Christie's Jessie Graham
Jessie Graham
A food price notice at Christie's

Global food prices have risen dramatically in the past year — 57 percent, according to the United Nations' Food Price Index. That's particularly troubling for the global poor, who already spend most of their income on food. That may be hard for Americans to contemplate, but the same food pressures are being felt here, and the evidence is the price of your favorite foods in the grocery store aisles. The Takeaway talks with a dairy farmer in New Hampshire, a trucker in South Dakota, a pastry store owner in New York, and a Department of Agriculture economist.

Flour, white, all purpose, per lb. (453.6 gm, U.S. city average)
Up 37 percent



Bread, white, pan, per lb. (453.6 gm, U.S. city average)
Up 16 percent



Bananas, per lb. (453.6 gm, U.S. city average)
Up 17 percent



Milk, fresh, whole, fortified, per gal. (3.8 lit, U.S. city average)
Up 23 percent



Eggs, grade A, large, per doz. (U.S. city average)
Up 35 percent



Source: Bureau of Labor Statistics

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