How serious is the drought to cheese, egg and beef prices? Will Ethanol now out compete cows for the lion's share of a dwindling corn supply? Comedian Stephen Colbert asks expert Bruce Babcock.
Wheat, gas, and cheese commodity prices climbed, according to Pizza Marketplace News. The price of block cheese is up to $1.51 from $1.47 the week before.
McDonald's is benefiting from diminishing consumer spending while the same value menu items that are attracting consumers are beginning to hurt operators.
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