| Americans have been lulled into complacency by affordable and abundant food supplies. Over the past 15 years, all U.S. food prices rose on average 2.5% annually. Now USDA forecasts retail prices will rise 4.5% to 5.5% in 2008, on top of 2007's 4% jump. We'll see the impact on meat prices soon.
Higher commodity prices and biofuel production are blamed. Earlier this year, ag groups asked Congress to investigate other factors: transportation, the declining value of the dollar, rising demand from developing countries, weak oversight by the Commodity Future's Trading Commission, and weather.
After all, farmers still only receive 20¢ of each consumer food dollar. Corn prices are only 4% of the increase in food prices. The farm value for beef is the highest, at 47%, followed by other meats.
The last time I recall a big consumer food flap was the 1973 meat boycott. Housewives protested rising meat prices, and their weeklong boycott resulted in price ceilings. Eighteen months later, when farmers couldn't profitably feed animals, prices rose to an all-time high.
In 1976 when I was writing for Farm Wife News magazine, Marlo Thomas featured Barbara Shuttleworth in McCall's Pattern leaflet, distributed by fabric shops. Her name may not ring a bell, but her claim to fame was leading the 1973 meat boycott.
This did not impress farm women, especially Laura Bean of Fort Atkinson, Wisconsin. She urged readers to write McCall's to express their dismay, and she announced her own boycott of McCall's.
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