I’m addressing graduates of the Johns Hopkins Bloomberg School of Public Health at 9:00 a.m. Information is here. It will be streamed online.
by Marion Nestle
Mar
16
2008
Food prices up, up, and away
So what’s going on with food prices? In the last year, milk is up 17%, dried beans 17%, cheese 15%, rice and pasta 13%, bread 12%–and eggs 25%. The last time I bought a quart of milk at my local anything-goes corner store, it was $2.40. Why? For eggs, it’s clear: growing corn for ethanol drives up corn prices and chicken feed. For eggs and everything else we have the perfect storm: increased demand (from China), decreased supply (ethanol), and higher fuel prices. I’m sure there are other reasons too, but these will do for a start. This is why food systems matter.