e-Tools: Big Ideas for Burgers
A new Web site published by the Wisconsin Milk Marketing Board, www.cheeseandburger.com, offers ideas for creating specialty cheeseburgers, from somewhat...
U.S. Consumers Brace for Higher Food and Gas Costs in 2011
CHICAGO (January 19, 2011)—As food companies and restaurant operators make gallant attempts to keep from raising prices as a result of rising commodity and...
The 2012 U.S. corn crop is forecast to total 10.8 billion bushels, a decline of 13 percent from a year ago. While planted area is pegged at a record 96.4 million acres, yields are forecast to decline to 123.4 bushels per acre, a decline of more than 20 percent from trend levels. The decline reflects the most adverse weather in more than 20 years to face corn growers.
With predictions that meat, dairy, produce and other commodities are going to cost more in the next few months, should you raise menu prices to keep profits on track? Not the best solution, according to a report from American Express MarketBriefing. About one-third of consumers surveyed said they would decrease their visits to a restaurant if it raised prices.