Price worries

Wsj.com. The Price Is Tight; "I can't believe how much milk is. Chicken is crazy right now, and beef—I paid $5 a pound for beef!" noted a married mother of three in Waukesha, Wis. Our story looks at the surging prices of food staples that are driving up the cost of groceries in the U.S. and pinching Americans still grappling with a sluggish economic recovery. The price increases pose a challenge for food makers, restaurants and retailers, which are left in the difficult position of deciding how much of the costs they can pass onto the consumer. We note that price increases are also taking a toll on consumers in some emerging markets, and we consider the implications by reflecting on history. In 2008, for example, a spike in food prices caused riots from Haiti to sub-Saharan Africa and South Asia, and more recently, increasing food prices were a factor behind the Arab Spring protests. http://m.us.wsj.com/articles/SB10001424052702303287804579445311778530606?mod=djem10point&mobile=y