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Shrinking packages, pricier foods fluster parents

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posted on Sep, 3 2008 @ 04:24 AM
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Shrinking packages, pricier foods fluster parents


www.boston.com

With food prices rising and packages shrinking, parents are wondering how they'll stretch their food budgets. Children are going to get an unwitting lesson in economics, analysts say, as parents change their food-buying habits to keep costs down.

The costs for key ingredients -- like corn, wheat, soybeans and other items -- are high and eating into food companies' profits. So big names like Kraft Foods Inc., Sara Lee Corp. and Hormel Foods Corp. are passing along price increases as they try to keep making money.
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posted on Sep, 3 2008 @ 04:24 AM
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I saw this repackaging trend start years ago. It is kicking into high gear now. Funny how it is marketed as some kind of consumer advantage.

New Size, Same Great Product!

Smaller and more expensive, but we hope you won't notice.

But hey, ethanol will help end our dependence on foreign oil, right?

www.boston.com
(visit the link for the full news article)



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