As fiscal cliff negotiations turn sour, the Farm Bill is caught in legislative limbo. Normally this wouldn't be a huge problem, except for one minor thing: When the current bill expires, the price of milk could double.
With the economy still trying to muster a recovery, and unemployment still around 8.5%, any price increases are painful. And just a month into 2012, a spate of headlines points to more hurt ahead. Here are seven ways inflation will be digging into your wallet this year:
Everybody knows the basic rules for saving money on food. Don't eat out. Ditch the steaks in favor of ground beef. Stick to staples. But a recent USDA report shows that, in 2011, some classic money-saving guidelines proved useless as food prices went through the roof.
If your New Year's resolution was to pinch more pennies, Starbucks has some bad news. The coffee king is raising prices due to rising costs of coffee and milk. And they aren't the only restaurant chain getting ready to pass higher expenses on to their customers.
Buying organic can be confusing, especially if you're trying to prioritize on a frugal food budget. Should you spend extra on pesticide-free fruits and veggies? Or hormone- and antibiotic-free meat? We went to the experts to find out how to maximize the health value of your organic food budget.
The FDA has long banned interstate sales of raw milk, and many states restrict or prohibit the sale of raw milk entirely. After several crackdowns by federal and state agencies, raw milk drinkers are fighting back.
As someone who goes through nine gallons of milk in an average week, buying two at a time to cut down on trips to the store, getting the best deal in high on my weekly shopping list. That's why we scoured dairy departments to find the best price for a gallon of milk. Here's what you need to keep in mind the next time you're shopping.
