The Agriculture Department had predicted that U.S. cranberry production would rise 6% this year for the second-largest harvest on record. But the 2010 crop came in 5% below 2009. Still, things are going well for Ocean Spray, th…
McDonald’s Corp. (MCD) raised the prices of some of the items on its menu in Chinese stores because of higher costs.
The increase “is because of higher raw material prices and we’ve adjusted our prices accordingly,” Sophia Luan, spokeswoman for McDon…
Producer prices rose less than expected, with much of the hike coming from energy. Excluding food and energy, PPI fell 0.6% in the month. Overall, wholesale prices are up just 1.5% in the past year — still too close to deflati…
The price of corn has shot up 8% during the week of Oct. 11 alone, bringing the total rise to close to 50% in the last three months. As farmers cull herds to save feed costs, meat supplies will shrink — and the price of hambur…
There was modest good news on the inflation front in September as producer prices rose 0.4%, with the core rate rising 0.1% — two readings that suggest the nation is avoiding deflation, a period of sustained price declines that could push the nation …