{"id":1351,"date":"2011-03-17T10:19:26","date_gmt":"2011-03-17T14:19:26","guid":{"rendered":"http:\/\/marcfbellemare.com\/wordpress\/?p=1351"},"modified":"2011-03-17T10:21:46","modified_gmt":"2011-03-17T14:21:46","slug":"a-steep-rise-in-us-food-prices","status":"publish","type":"post","link":"https:\/\/marcfbellemare.com\/wordpress\/1351","title":{"rendered":"A Steep Rise in US Food Prices?"},"content":{"rendered":"

An article<\/a> discussing US food prices in yesterday’s\u00a0The Telegraph<\/em> had a slightly alarmist title: “US Food Price Rise Is Steepest in Decades.”<\/p>\n

While there is no doubt in my mind that this is the steepest rise in food prices this country has experienced in a long time (since before I was born, in fact), let’s not get carried away. Indeed, the article notes how<\/p>\n

“[t]he cost of producing finished foods jumped 3.9 percent last month from a year earlier, as harsh winter weather exacerbated the already increasing price of many basic ingredients used in food. The increase was the steepest since November 1974.”<\/p>\n

Oh really?<\/p>\n

The cost of food worldwide has gone up 62.4 percent<\/em> last month from a year earlier (i.e., from 145.3 to 236), according to the statistics<\/a> provided by the Food and Agriculture Organization of the United Nations.<\/p>\n

I understand that The Telegraph<\/em> compares the US to itself — love thy country fixed effect — but the article should perhaps have noted how this is a relatively small rise in food prices compared to what is going on elsewhere in the world.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

An article discussing US food prices in yesterday’s\u00a0The Telegraph had a slightly alarmist title: “US Food Price Rise Is Steepest in Decades.” While there is…<\/p>\n

Continue readingA Steep Rise in US Food Prices?<\/span><\/a><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[18,30,16,26,34,14],"tags":[],"class_list":["post-1351","post","type-post","status-publish","format-standard","hentry","category-agriculture","category-commentary","category-development","category-food","category-macro","category-micro","entry"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p1gPg8-lN","_links":{"self":[{"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/posts\/1351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/comments?post=1351"}],"version-history":[{"count":7,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/posts\/1351\/revisions"}],"predecessor-version":[{"id":1357,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/posts\/1351\/revisions\/1357"}],"wp:attachment":[{"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/media?parent=1351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/categories?post=1351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/tags?post=1351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}