Thursday, January 08, 2009

The High Cost of Cereal Is Breaking My Budget

By Amy O'Connor

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I expect to get sticker shock at the grocery store these days, what with the price of food up about 6% at the end of this year, compared to last.
But the cost of breakfast cereal has leapt a staggering 12.5%, and our family of three goes through three or four boxes—at around $6 each—a week. I can’t afford this, and I bet you can’t either.
Now in these tough times I expect the price of New Zealand lamb to be soaring (and it is), but I can easily swap red meat for beans and rice several nights a week. But a box of commodity grains that our government is supposed to subsidize? What gives? Read More

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