Hoboken QotD – Food Prices

5/2/2008 Question of the Day:

Along with rising gas costs, we also have increasing food prices as well.

Has the cost of certain food products changed your life in any way?

Commentary:

  • I’m curious about a couple things, why have slices of pizza at local shops gone up ($3/slice, etc.), but not at chains like Domino’s? Did they buy agricultural futures?
  • Bonuses for Federal Tax Rebates: Stores like our local ShopRite (as well as Sears) have begun offering incentives for nearby residents to use their Federal Tax rebates or stimulus checks for gift cards, adding an additional 10% to the card.
  • Lastly, here’s President Bush talking more about the global food crisis:

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20 Comments on "Hoboken QotD – Food Prices"


hobojoe
Member
8 years 4 months ago

* ($1.29 menu in New York City)

bradykp
Member
bradykp
8 years 4 months ago
[quote comment=”80968″]If you want some great insight into the whole corn, ethanol, agribusiness debate, read The Omnivore’s Dilemma by Michael Pollan. It details how following WWII new uses had to be found for wartime materials such as ammonium nitrate, and explosive that was found could be used for fertilizer. The crop that was best adapted to this was corn. Hence begins the long history of subsidized corn in the US which has done a great deal of harm to agriculture in this country. Surplus corn buried small farmers. It has also adversely affected livestock. Cows do not naturally eat corn. They are ruminates and supposed to eat grass. Corn causes cows to get sick by changing the ph in a cow’s stomach from neutral to acidic, hence the use of antibiotics and other drugs in commercial cattle production. They are also trying to adapt farm raised salmon to eat corn because we have so much of it. Enter ethanol. What to do with a surplus. Misguided environmental policy plus cheap corn make a fuel that costs more energy to produce than oil. It is a very tangled web indeed, and our dependence on monoculture industrialized agriculture has in many ways been more harmful than many other dependencies, maybe even oil.[/quote] in all fairness, ethanol currently requires more energy than oil, but at one point, oil wasn’t as profitable either. natural gas used to be garbage because it was too expensive to produce and deliver. anything that is new is going… Read more »
MidnightRacer
Member
8 years 4 months ago

What’s all this going to do to Mickey D’s $1 menu?

homeworld
Member
8 years 4 months ago

Wait, Dominos makes pizza? I thought that was just carboard with some sauce on it.

jscirish27
Member
jscirish27
8 years 4 months ago

If you want some great insight into the whole corn, ethanol, agribusiness debate, read The Omnivore’s Dilemma by Michael Pollan. It details how following WWII new uses had to be found for wartime materials such as ammonium nitrate, and explosive that was found could be used for fertilizer. The crop that was best adapted to this was corn. Hence begins the long history of subsidized corn in the US which has done a great deal of harm to agriculture in this country. Surplus corn buried small farmers.

It has also adversely affected livestock. Cows do not naturally eat corn. They are ruminates and supposed to eat grass. Corn causes cows to get sick by changing the ph in a cow’s stomach from neutral to acidic, hence the use of antibiotics and other drugs in commercial cattle production. They are also trying to adapt farm raised salmon to eat corn because we have so much of it.

Enter ethanol. What to do with a surplus. Misguided environmental policy plus cheap corn make a fuel that costs more energy to produce than oil. It is a very tangled web indeed, and our dependence on monoculture industrialized agriculture has in many ways been more harmful than many other dependencies, maybe even oil.

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