Cash-Strapped Farmers Feeding Their Cows Candy
As corn prices rise, some struggling farmers are saving by feeding their cows chocolate bars, ice cream sprinkles, gummy worms, and marshmallows. While corn goes for about $315 a ton, sprinkles can be had for nearly half the price.Olive Oil Prices Surge
The wholesale price of olive oil surged 62% in the three months after a severe drought in Spain, the world's largest olive oil producer.Boom Times for Spain's Cork Industry
Boosted by scientific findings praising cork as a wine bottle stopper, Spain's cork production is booming.U.S. Drought Could Trigger Global Crisis
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.
Lobster Gut Hits Maine
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.
Economic Indicators: Canned Beer Boom
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.
Extra Virgin Olive Oil Prices in Slump
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.
Towards a Craft Beer Economy
Beeronomics: America should move from being a "Macrobrew Economy" to a "Craft Brew Economy."
Is Making a Burger Manufacturing?
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."
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