The Politics of Prices

The Politics of Prices

I’ve been following the global spike in commodity prices with great interest, and we’ll be carrying some excellent feature articles on it in the magazine soon. But I wanted to highlight this story a friend forwarded to me about food banks finding themselves imperiled by rising food prices. Check out how eye-popping these price increases have been:

This spring, the price of spaghetti has jumped 63 percent from the same time last year, according to the Greater Boston Food Bank. A case of canned peaches costs $16.82, or 57 percent more. Also, the price of peanut butter is up 19 percent, and frozen ground turkey has climbed 10 percent above last year.

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I’ve been following the global spike in commodity prices with great interest, and we’ll be carrying some excellent feature articles on it in the magazine soon. But I wanted to highlight this story a friend forwarded to me about food banks finding themselves imperiled by rising food prices. Check out how eye-popping these price increases have been:

This spring, the price of spaghetti has jumped 63 percent from the same time last year, according to the Greater Boston Food Bank. A case of canned peaches costs $16.82, or 57 percent more. Also, the price of peanut butter is up 19 percent, and frozen ground turkey has climbed 10 percent above last year.

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