Food Prices

News

Change in Legislation Will Cause Rise in Egg Prices

By admin | February 13, 2012

Photo: Steve McFarland

Photo: Steve McFarland

By: Melaina Gasbarrino

The price of food is continually on the rise, no matter where you flock to. Not even a month ago the HR 3798 legislation was put into effect. This HR 3798 bill ensures a rise in the slippery, oozing goodness called the egg industry. The legislation will add a 6% rise in eggs at a grocery store near you. So for all of those who love cooking, baking or eating eggs, you may want to rethink purchasing a dozen or two, as the increase in costs will unanimously hurt Americans in any state.

The mandate will cost American egg farmers as much as $10 billion more a year in production costs, which in turn will increase consumer prices at restaurants and in your local grocery store. Read More

News

Chocolate as a High Commodity: The Rising Cost of Cocoa

By admin | February 8, 2012

Photo: Bill Zimmerman

Photo: Bill Zimmerman

By: Melaina Gasbarrino

Have you ever wondered just how precious cocoa, the lovely bean that creates the sweetest treats, really is? Well in today’s day and age, cocoa is costing the industry a whole lot of loot. Neena Rai and Leslie Josephs report that this tasty treat is recovering for an ‘all-time 3-year low’.

As bids were placed to purchase the beans for the 2012-2013 crops, just a couple of days ago it’s now that we realize just how precious this cargo is. The price of cocoa this quarter skyrocketed at $2,300 a ton on the ICE Futures US exchange. With a 3.4% increase from the last trading session, the rise in cocoa was all thanks to the somewhat stronger economy the US has seen at the start of the year. Read More

News

Sudan Struggles with Growing Food Costs

By Jeannette | February 7, 2012

Photo: PBS NewsHour

Photo: PBS NewsHour

By: Justin Chan

As Sudan struggles to contain its high rate of unemployment, the country’s food costs have risen. Reuters Africa reported that Sudan’s inflation increased to 19.3 percent last month due to soaring food prices. In an attempt to limit black market practices, the government had devalued the Sudanese pound two years ago. Since then, inflation has more than doubled and has been worsened by the incremental increases in food costs. Food prices rose by 4.1 percent in January.

Sudan has been economically impaired since South Sudan seceded last year. The two countries used to split oil revenues, but the secession led to a loss of close to 75 percent of  Sudan’s 500,000 barrels of oil production per day. There had already been concerns over whether Sudan would be able to handle a food shortage due to the fighting that ultimately led to South Sudan’s independence.

Sudan is one of several Arab countries that is currently facing extreme poverty Read More

News

Wasting Food While 1 Billion Go Hungry

By admin | January 27, 2012

Photo: jbloom

Photo: jbloom

Last weekend, farm ministers and policy makers gathered in Berlin as the United Nations’ Food and Agriculture Organization explained that consumers in higher developed countries waste close to 220 million metric tons of food each year. These statistics have come to light while other numbers also show that almost 1 billion people in developing countries are starving. Just the amount of disposed food waste equal to the entire food output of sub-Saharan Africa alone.

According to the FAO’s director general Jose Graziano da Silva, one third of food produced in the entire world is lost or wasted, equaling up to 1.3 billion metric tons. He also adds that despite producing enough food in the world, we still have 1 billion people undernourished. Read More

News

Illogical Economics: Inefficiency in Food Production Causes Problems

By admin | December 21, 2011

Photo: Or Resef

Photo: Or Resef

By: Dylan Rodgers

The relationship between Supply and Demand constitutes the simplest economic model.  But economics is far from simple; the complex web that connects each and every commodity and its prospective value makes the Supply and Demand model an unbelievably multifaceted system.  So when we wonder why food prices have skyrocketed by nearly 300 percent in some areas in the world, there is no one answer to this growing problem.

We’ll start with the good news-food prices are expected to continue to drop as they have over the last few months.  Some predict it will bottom out, a result bad for investors and good for hungry families.  This reprieve may be enough for struggling countries to begin to get back on our feet at least in terms of feeding ourselves.  But what about the future?  How can we as the World’s economy levee against a future flood of skyrocketing food prices? Read More

News

Food Prices Hitting Rock Bottom

By admin | December 20, 2011

Photo: Peter Pearson

Photo: Peter Pearson

By: Saira Malhotra

This past week, Business Week reported on how food prices have taken a nose dive yet again and it is happening world over. Fifth month in a row, the prices have never tumbled to this extent in two years and the United Nations is concerned that commodity prices may be ‘bottoming out’.

In October, numbers indicated a price decline by 4%, the biggest decline since March 2010. This was the first sign of alarm, since February 2010 represented a record high of 237.7 points compared to the 215 points in October of this year. Read More

News

A Glass Half Full: How Rising Gas Prices Contribute to Fresher Foods

By admin | November 17, 2011

Photo: Urban Sea Star

Photo: Urban Sea Star

By: Dylan Rodgers

I like it when gas prices are high-not because my lungs often fill with hydrocarbons and nitrogen oxide every time I take a breath, nor am I vindictive toward impatient drivers and their incessant honking, causing everyone (except them of course) to wear hearing aids at age 40.  The main reason that I pray for gas prices to continue skyward is because it forces us to consider other options of living.

If massive planetary hostility from rising temperatures and childhood lung illnesses aren’t enough to push us towards greener living, then the only way it will happen is if we simply can’t afford to continue on this sinking oil rig we call life.  But as much as it may sound like it, I am not trying to preach or mount an offensive against “Big Oil” or anything.  I really just wanted to focus on the farmer’s market movement. Read More

News

Thanksgiving With A Not-So-Thankful Price Hike

By admin | November 15, 2011

Photo: The Vault DFW

Photo: The Vault DFW

By: Saira Malhotra

It’s that time of year where we sit around the table and acknowledge how thankful we are for a good harvest before we tuck into turkey and candied yams- Thanksgiving! Yet this year, it seems like a paradox to be so thankful as we face the highest rise in costs for a thanks giving meal in 2 decades. Yes, pretty much everything at our Thanksgiving table will reflect a 13% price hike, be it pumpkin pie or stuffing according to the American Farm Bureau Federation this week (not to mention turkey’s rise in cost by 22%).

The cost of food is certainly on the rise but the rate at which it is increasing does not go hand-in-hand with the Thanksgiving dinner. Read More

News

The Costs of Food Insecurity

By admin | October 7, 2011

Photo: Andrew Magill

Photo: Andrew Magill

By: Dylan Rodgers

It is strange to think that as obesity related heart disease is the number one cause of death in America, 48 million people are starving without any assurance of their next meal.  Though reports have been coming from all over the country as to the percentages of people struggling to put food on the table, the study to solidify and somewhat quantify this ever growing issue has finally come out. Read More

News

Mark Bittman Speaks: The Cheaper of the Two, Junk Food or Talk?

By admin | September 27, 2011

Photo: TheFoodJunk

Photo: TheFoodJunk

By: Saira Malhotra

A few decades ago, a story was created about convenience food and we bought it. We became the poster child of taco nights and Campbell soup, stoking the fire in our belly and bringing our families close together.  A few decades later we were reprimanded for our unhealthy eating habits and that junk food (formerly known as convenience) was destroying us, causing spikes in cancer, heart disease, early puberty and diabetes. We now needed another story and we got one. Junk food is the only option because it is cheap. 

Mark Bittman, in his ongoing quest to transform America in to a healthy nation has called us out yet again. Read More

Newsletter

Featured Recipe

More Recipes

Meet the Team

About The Team

Whether it’s finding the best goat tacos in LA, spotting a well-worn vintage bag in Sweden, or interviewing the “crab man” selling seafood on a corner in Harlem, we tell stories seen from Chef Marcus Samuelsson‘s point of view. MarcusSamuelsson.com strives to create conversations about food, nutrition, culture, art, and design. We want to find Read More

Restaurants

Red Rooster Harlem
Ginny’s Supper Club
Uptown Brasserie
American Table Cafe and Bar
Kitchen and Table
American Table Brasserie and Bar
Norda
Marc Burger