TheStreet: Why Dinner's About to Start Eating More of Your Wallet

By SIMON CONSTABLE

New York (TheStreet) -- If food prices start taking a bigger bite out of your wallet in the near future, you can blame it on Mother Nature.
A confluence of events including strange weather from El Nino, activity on the solar surface, and the effects of a U.S. drought years ago are reducing agricultural output, which may drive up grocery store prices for individual consumers and supply costs for dining chains like Chipotle Mexican Grill (CME - Get Report)  and coffee shops like Starbucks (SBUX - Get Report)  
Read more here.
Post a Comment