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Organic carrots, or a new iPhone?

Posted on July 05, 2008

By Tom PhilpottThings are getting rough here in the land of cheap food. Corn and soy -- building blocks of the industrial-food system -- are trading at or near all-time highs. And that's rippling through the food chain, from feedlots and food factories to the supermarket shelf. Here's the latest: [B]y next year, the price of a pound of chicken breast would climb to $2.63; beef round roast to $4.22, both up 10 percent. And the price of a pound of pork chop could be up to $4.78 -- a 30 percent increase. Some folks see opportunity for reform in this situation: As prices for industrially...

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economic , sustainability , trading