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Old 12-21-2007, 12:32 PM
 
Location: Tennessee/Michigan
27,996 posts, read 46,373,100 times
Reputation: 19403

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Higher food prices, led by milk, are hitting consumers where it hurts - in the stomach.

NEW YORK (CNNMoney.com) -- John Norris' family is drinking a lot less milk these days. He said he considers the higher prices and has cut back on his kids' milk consumption. But between work and family obligations, he still drives almost as much as he used to.

"That's the reason I cut down on milk consumption - so I can drive my car," said Norris.

And Norris should know. He's the director of wealth management for Oakworth Capital Bank and a food price expert.

http://money.cnn.com/2007/12/19/news...food/index.htm
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Old 12-21-2007, 12:57 PM
 
5,640 posts, read 16,932,091 times
Reputation: 3963
No kidding. I can't believe what we are spending - and we go to the reasonable stores. And half the time, we don't even buy meat. Ridiculous. I totally feel like we are back to the 70s. I remember Mom cutting our milk with powdered milk (eeew) and cutting the hamburger with soy (double-eww). Meat and milk were expensive then too.
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Old 12-21-2007, 01:57 PM
 
1,363 posts, read 5,343,194 times
Reputation: 848
I remember the powdered milk too. LOL. Milk has become our "splurge"-LOL. I have a 2 year old and I'm pregnant and only drink milk and water anyway so cutting back isn't an option. I do get skim though, and that's cheaper than the others. I also try and by it from the bulk stores b/c it's cheaper there too.
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Old 12-22-2007, 05:44 PM
 
106 posts, read 336,393 times
Reputation: 85
Prices are crazy now...but I'm wondering what will happen once all those ethanol plants come on line and corn prices go up. So much of our food is made from corn products. Maybe less of that not-good-for your corn syrup in the processed foods.
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Old 12-23-2007, 04:50 PM
 
Location: Maine
5,969 posts, read 11,136,966 times
Reputation: 5240
I hope that as food gets more expensive more people will start growing some of their own. An incredible amount of food can be grown in little space. Every little bit helps.
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