food costs

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.

Local sourcing is hot with operators and consumers alike, but the trick remains how to do it without breaking the bank.