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ThinkstockThe U.S. Department of Agriculture (USDA) released its preliminary report on April farm prices Wednesday afternoon. The all-products price index rose by 4 points month-over-month (4.3%) to...
ThinkstockCalifornia Gov. Jerry Brown has issued a second emergency proclamation to help the state come to grips with its ongoing drought problems. The state’s snowpack water content has been...
The arabica beans Starbucks uses in most of its coffee have risen 90% in price so far this year. There's no getting around it -- Starbucks will have to boost prices to keep up with rising commodity...
ThinkstockIn 2013, the CEO-to-worker compensation ratio in the fast food industry was more than 1,000-to-1. Workers’ situation must be improving, though, because the ratio was 1,200-to-1 in 2012....
courtesy of Starbucks Corp.Starbucks Corp. (NASDAQ: SBUX) is out with its second quarter earnings for its fiscal 2014. The coffee retailing giant reported earnings of $0.56 per share on revenues of...
courtesy of Starbucks Corp.Coffee prices started spiking in late January, from less than $1.20 a pound to near $2.15 a pound today. Milk and sugar prices are also higher, and eventually this...
ThinkstockThe price of a half-gallon of 2% milk has reached $4, which was unimaginable a year ago. The price of organic milk is 60 cents higher. If dairy prices continue to soar at current rates, it...
According to a report by the U.S. Department of Agriculture, 49 million people in the United States lived in households struggling to find enough food to eat. Nearly 16 million are children, who are...
courtesy of ChobaniChobani, the top seller of Greek yogurt in the United States, reportedly is exploring its options to raise capital, perhaps by taking the company public or by selling a stake to a...
McDonald's stores in China are mostly company operated, and it plans to overhaul a number of its stores there in an effort to attract more customers as China's economy continues to slow down.
ThinkstockWhen Chipotle Mexican Grill Inc. (NYSE: CMG) reported first quarter earnings Thursday morning, the company specifically noted higher commodity costs for beef, avocados, and cheese as the...
ThinkstockFood prices at the grocery store are up, following an increase in production costs and wholesale prices. In March, retail food prices rose 0.4% from the preceding month, matching...
ZoesKitchen.comZoe’s Kitchen, Inc. (NYSE: ZOES) must think that another up day in the markets means that it is time to rally just like it was a normal IPO day elsewhere. Wednesday’s gain in the...
The futures price of coffee has basically doubled since early November, leaving one to ask how long can, say, Starbucks go on until it has to boost retail prices. Or Keurig Green Mountain or J.M....
Ronald McDonald, a spokesman for McDonald's, has been mothballed. The company claims he still is a symbol for the company, but a farmer named Dirk is featured on the McDonald's website.