The New York Times reports on how a variety of global phenomena - natural disasters, geopolitical shifts, global famine, war, changing economic priorities - “are conspiring to shake the confidence” of people for whom the dinner table, and the constant availability of nutritious, affordable food, has always been both a physical and spiritual solace.
And the Wall Street Journal reports on how commodity prices are forcing up the cost of things like diapers, baby wipes, trash bags, salad dressings, and coffee.
"When you look across almost every category out there you are seeing the impact of higher commodity costs show up and higher selling prices for everything," Kimberly-Clark CEO Thomas Falk said on a conference call earlier this week.
And the Wall Street Journal reports on how commodity prices are forcing up the cost of things like diapers, baby wipes, trash bags, salad dressings, and coffee.
"When you look across almost every category out there you are seeing the impact of higher commodity costs show up and higher selling prices for everything," Kimberly-Clark CEO Thomas Falk said on a conference call earlier this week.
- KC's View:
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It occurs to me that there may be an interesting corollary here.
There seem to be a number of studies out right now suggesting that US citizens want more government than they are willing to pay for, which creates a certain amount of political tension.
The big question is how consumers will respond to rising prices in the supermarket. Will decades of affordable - even cheap - food mean that they will rebel against these prices, and dramatically change their consumption and/or shopping patterns?
