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July 1, 2022

Food

Jim Cramer says investors can hide in these three recession-proof packaged food stocks

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Thursday gave investors three options for packaged food stocks they can seek refuge in, as the stock market continues to seesaw. “With commodity costs coming down big, the food stocks can become recession-proof safe-havens. But you......

U.S. July Fourth cookouts feel the heat of soaring food prices

Reuters
CHICAGO, June 30 (Reuters) – Summer cookouts are getting more expensive ahead of the U.S. Independence Day holiday, forcing Americans to make tough decisions about how they celebrate. Prices for barbecue items such as hamburgers, hot dogs, potato salad, baked beans and lemonade climbed 17% compared with a year ago,......

Farmers cut food production as costs soar

BBC
https://www.bbc.co.uk/news/business-61958468?at_medium=RSS&at_campaign=KARANGA Fertiliser costs began to rise last autumn when the wholesale price of gas, which is needed to produce it, started to climb. The Ukraine conflict has made the situation worse, with sanctions hitting supplies from Russia, one of the world’s biggest producers of some of the key ingredients in......

Restaurant Review: Zaab Zaab Marks a High Point for Isan Thai Food in New York

New York Times
The steady, thrilling rise of Isan cuisine has been the major story arc in New York City’s Thai restaurant scene over the past decade or so. There have been important exceptions, like the northern Thai specialist Lamoon, in Queens, which closed recently after the cost of importing red-ant eggs and......

A Brooklyn Food Crawl That’s Powered by the Australian Crawl

New York Times
At the lifeguard station at Fourth Street in Brighton Beach, Brooklyn, Capri Djatiasmoro and a group of friends — all long-distance swimmers — got ready Sunday morning for a different kind of food crawl. Stuffing cash and credit cards into their rubber caps and attaching neon swim buoys around their hips,......

Darra Goldstein Illuminates ‘A Brief History of Russian Food’

New York Times
Darra Goldstein’s new Russian history book, “The Kingdom of Rye,” is a useful tool for understanding the country and its people. The author of this slender volume, a professor of Russian at Williams College, starts a millennium or so ago and goes almost to the present, describing the land, climate......

UK inflation hits new 40-year high of 9.1% as food and energy price surge persists

CNBC
CNBC – For more and to sign up click here LONDON — U.K. inflation hit 9.1% year-on-year in May as soaring food and energy prices continue to deepen the country’s cost-of-living crisis. The 9.1% rise in the consumer price index, released Wednesday, was in line with expectations from economists in......

Kellogg to split into 3 companies: snacks, cereals, plant-based food

CBS News
CBS News – For more and to sign up click here Kellogg Co., the maker of Frosted Flakes, Rice Krispies and Eggo, will split into three companies focused on cereals, snacks and plant-based foods. Kellogg’s which also owns and MorningStar Farms, the plant-based food maker, said Tuesday that the spinoff......

Singapore imports more than 90% of its food. Here’s how it’s dealing with rising food inflation

CNBC
CNBC – For more and to sign up click here A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and regions. Lauryn Ishak| Bloomberg | Getty Images Singapore is known......

Russia’s blockade of Ukraine’s food exports is a ‘war crime,’ says the E.U.’s foreign policy chief.

New York Times
New York Times – For more and to sign up click here The Black Sea blockade that is preventing Ukraine from exporting food and other goods is a “war crime” and Russia will be held accountable if it continues, the European Union’s foreign policy chief, Josep Borrell Fontelles, said on......

A Somali boy’s mission to find food as climate change takes its toll

Reuters
Somalia at nexus of ‘three Cs’ – conflict, costs, climate change Climate change means extreme weather patterns more common Children in Dollow town malnourished, scramble for food Million forced from homes and land by drought Drought envoy urges international community to do more DOLLOW, Somalia, June 20 (Reuters) – Each......

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