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Record Wholesale Turkey Prices May Just Be the Beginning
Although retail prices for turkey have held steady, wholesale prices are hovering at around $1.09 per pound, a record high. Several factors are in play, but perhaps the biggest one comes from Washington, in the form of Federal Reserve monetary policy.
The Growing Threat of Food Insecurity in America
The Department of Agriculture defines food insecurity as "lack of access to enough food to fully meet basic needs at all times due to lack of financial resources." Record food stamp enrollment over the last two years suggests that food insecurity has been getting worse.
Spud Wars: Potato Farmers Prepare to Battle New Rules
The U.S. Department of Agriculture is considering new dietary guidelines for school lunches, and the ubiquitous potato may be on the chopping block. The potato industry, though, is getting ready to defend its reputation -- and its bottom line.
Ethanol Up, Corn Crops Down, Prices Get Volatile
Bad weather that is reducing crops yields, increasing global demand and a greater push for bio-fuels are all playing havoc with corn prices, which affect costs throughout the economy.
Criminal Investigators And Former USDA Workers Take A Crack At Egg Recall
The Food and Drug Administration and the Justice Department have joined an investigation into the massive egg recall. Meanwhile, former USDA egg graders say their complaints of unsanitary conditions, including towering piles of manure, were ignored.
Meat Market: Cattlemen Debate Federal Antitrust Measure
Hoping to stop more small ranches from failing, the Obama administration has proposed a new antitrust rule. But ranchers are divided about whether it will help or hurt them. At a workshop Friday, some argued the rule could end up reducing their earnings.
Egg Prices Sizzle as Salmonella Recall Grows
Your morning omelet is about to get a whole lot pricier. Following a massive recall of 550 million eggs, wholesale prices for eggs have soared 40%. That's likely to translate into higher egg prices in stores within the next two weeks.
10 Invasive Species That Cost the U.S. a Bundle
Anyone who has ever watched an episode of Animal Planet knows that ecosystems are fragile, relying on the delicate balance of species and resources. But what is less-known is the high economic cost incurred when a balance is upset by a species that is alien to the area. Killer bees, coyotes and Canadian geese are just a few of the biggest offenders.
