Food Insecurity
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The rate of food inflation is "quite concerning," according to a Jefferies survey from Houston. This could lead to pressure on manufacturers and retailers: Our pricing survey in Houston once again showed further price increases coming through to retail. Our average basket is now up over 9% in about a year and increased +1 .5% since our last visit to the market in July. Clearly, we are now seeing very sizable price movements in our basket and, even in the robust economic climate in Houston, the size of the inflation being seen is quite concerning. With prices moving significantly higher, a stressed consumer is responding as can be seen with the volume declines and uptick in private label consumption (see our note Nielsen Nuggets, September 15, 2011).
Food Inflation Reaches "Quite Concerning" Levels In Houston
Childhood malnutrition has long lasting effects – Eatocracy - CNN.com Blogs
Deborah Feyerick is a CNN correspondent. See part one of this series Witnesses to Hunger: A portrait of food insecurity in America and read producer Sheila Steffen's $30 grocery challenge Six-year-old Juvens Lewis jumps on the scale, his tiny body lost in a flowing hospital gown. He weighs in at 37.2 pounds, the size of an average 4-year-old.Despite Economic Slowdown, Food Prices Rise In New York - City Limits Magazine - CityLimits.org
Ninety percent of the more than 200 Brooklyn food pantries and soup kitchens surveyed by the New York City Campaign Against Hunger reported increased demand over the last year. The survey said two out of every three agencies were unable to meet this spike in requests for assistance. Experts blame the increased demand at food pantries and soup kitchens on a number of factors, including rising unemployment amid the nation's continuing economies woes and rising food prices. In Brooklyn, the unemployment rate is 9.7 percent, compared to the citywide rate of 8.8 percent. From August 2010 to August 2011 the average price of food in the New York metropolitan area increased by nearly 5 percent, according to data from the U.S.
Nestle chief warns of new food riots | The Raw Story
The head of the world’s biggest food company Nestle said on Friday that rising food prices have created conditions “similar” to 2008 when hunger riots took place in many countries. “The situation is similar (to 2008). This has become the new reality,” the Swiss giant’s chairman Peter Brabeck-Letmathe told the Salzburger Nachrichten daily in his native Austria in an interview. “We have reached a level of food prices that is substantially higher than before. It will likely settle down at this level. “If you live in a developing country and spend 80 percent of your income on food then of course you are going to feel it more than here (in Europe) where it is maybe eight percent.”Hungry for change | Al Jazeera Blogs
Just as the sun is rising, they slowly shuffle up the steps, waiting for the red doors to open. The unseasonably warm weather helps. The aches in their bones aren't so bad as they try to shake off the stiffness and pain of another night on the streets. Many have a favourite spot to sleep in, and this is where they choose to go for breakfast.