food costs

Food

California restaurants are spared a possible pork shortage—at least for now

A county court delayed adoption of new hog farming regulations that would have crimped the state's supply of bacon and other meats.

Financing

As inflation hits a 40-year high, the Federal Reserve plans rate hikes

The Bottom Line: Higher rates will increase companies’ borrowing costs, though they will remain historically low. How long it takes to get inflation under control is anybody’s guess.

Full-service prices rose 6.6% as food-away-from-home inflation hit a 40-year high in December.

Reality Check: Any new year brings areas of uncertainty and concern. Here are the big ones confronting the foodservice industry.

Lawmakers and regulators pushed forward on matters ranging from food inflation to takeout packaging restrictions.

Lawmakers hammered out an 11th-hour accord to keep supplies from plummeting by as much as 90%.

Supplies of whole eggs could drop by as much as 90%, the poultry industry warns.

Despite a nearly 40-year high in menu price inflation, the industry is giving up profit margins. And consumers are still willing to pay what they’re charging.

Limited-service restaurant prices rose 7.9% year over year, while full-service increased 6%. Annual menu price inflation was the highest since 1982.

Sourcing beef and pork from smaller local producers will alleviate some supply chain headaches. And it’s not necessarily more expensive.

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