A Thirst for Milk Bred by New Wealth Sends Prices Soaring
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Driven by a roaring world economy, among other things, global milk prices have doubled over the last two years.
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Rising prices is causing Chinese companies to raise prices for exports, particularly on one critical commodity: pork.
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CHICAGO An insider&#39;s well-timed trades on the Chicago Mercantile Exchange have given dairy farmers more money for their milk. The Chicago Tribune today reports that the head of the Dairy Farmers of America
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U.S. consumers may soon have to swallow more expensive coffee as soaring futures and rising costs from milk to fuel induce roasters to charge more for the steamy brew, industry participants said.
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Acquiring wealth is like a caffeine buzz: a fleeting high that leaves you wanting more.
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The Middle Kingdom can't find enough oil to meet booming domestic demandÂand the world is paying the price at the pump
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Rising demand, a falling dollar and rosy economic predictions, have stoked the price of commodities in the last few years. But times are changing.
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Driven by an unprecedented surge in demand, oil prices crossed a long-awaited symbolic milestone.
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By STAFF, Herald  New Zealand Dairies Ltd appears to have overcome its financial hurdle as nervous dairy farmers look on.   Last Friday the Herald broke the news the new dairy factory was saved by a last minute $24m deal from an overseas investor.
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Fonterra Co-operative Group Ltd, the world&#39;s largest dairy exporter, offered A$1.34 billion (US$1 billion) for the shares it does not own in National Foods Ltd, to expand milk sales in Australia and Asia.
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Executives fuel spiralling demand for luxury goods amid growing inequality.
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The global food business is gargantuan and growing fast.
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Grocery shoppers probably have noticed that food and beverage prices are higher in general this year and up sharply for some products. You can blame corn.
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Corn, milk, bread, and other farm products hit record high prices in 2006 â and will likely keep rising in 2008.
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A general malaise is overtaking what was once the hottest - and still the most controversial - trend in the food business.
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If you&#39;ve noticed that the price of everything from milk to gasoline to automobiles seems to be going up, you&#39;re as observant as Federal Reserve chairman Alan Greenspan.
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The pursuit of great wealth causes many more drastic life changes than necessary.