Russia’s war in Ukraine sparked a historic food crisis. It’s not over

London CNN — Grain is once again leaving Ukrainian ports. The price of fertilizer is falling sharply. Billions of dollars in aid has been mobilized. Yet the world is still in the grips of the worst food crisis in modern history, as Russia’s war in Ukraine shakes global agricultural systems already grappling with the effects … Read more

What got really expensive this year, and what got cheaper

new York CNN — It’s been a tough year for US consumers, who battled decades-high inflation for the majority of the year and even saw gas prices hit $5 in June. The latest inflation data, not adjusted for seasonal swings, shows price hikes have now slowed to 7.1% for the year through November, after hitting … Read more

Chicken prices are finally starting to fall

new York CNN Business — Over the past year, as some meat prices have fallen, chicken prices have remained stubbornly high. Strong demand, supply issues and even breeding problems with under-performing roosters kept the pressure on. The supply shortage even had some restaurants, like Wingstop, experimenting with less popular items like thighs. But now conditions … Read more

Go ahead. Go crazy with avocados. There’s a massive glut and prices are cooling off

new York CNNBusiness — There’s at least one item in the grocery store that’s getting less expensive: avocados. A significant supply of embers of the buttery fruit has triggered a drop in wholesale prices, sending store prices lower as well. With the overall cost of grocery items up a stunning 13% compared to last year, … Read more

Here’s why the price of groceries keeps rising

Americans continue to pay more at the grocery store as surging food inflation shows no signs of slowing down. Grocery prices rose 13 percent over the last year and 0.7 percent in September alone, outpacing the annual 8.2 percent inflation rate for all consumer products, according to the most recent Labor Department data. The price … Read more

Food prices are soaring, and that’s changed how we eat

new York CNN Business — Lisa Altman used to take pride in being able to eat what she wanted without worrying much about the cost. When she was growing up, seconds weren’t served and side dishes were rare. “My mom had a budget every week, and she stuck to it,” she said. “As I got … Read more

How a railroad strike could send food prices soaring

The nation’s supply of food could take a hit if railroad workers go on strike, driving up prices at the grocery store and limiting US grain exports to countries facing famine. As soon as next week, 115,000 freight rail workers could walk out if they cannot reach a new contract with railroads, potentially shutting down … Read more