As food prices soar due to the U.S. drought, the global impact could include a a ripple effect leading to more Middle East uprisings.
A glut of lobsters has hit Maine, driving wholesale prices down to $1.25 a pound, though consumers outside of Maine are unlikely to see price change dramatically.
Almost 53 percent of the beer consumed in 2011 was served in cans, up from a low of 48 percent in the years leading to the economic slump that began in December 2007.
Spain, Italy and Greece are the largest producers of olive oil, accounting for 70% of the world's olive oil output, but their already weakened economies have been hit by a major slump in the price of extra virgin olive oil.
Beeronomics: America should move from being a "Macrobrew Economy" to a "Craft Brew Economy."
McDonald's and other fast food chains might try to exploit President Barack Obama's proposal to lower the corporate tax rate to 25% for "manufacturers."