October 24, 2008
October 24, 2008 - The New Zealand organization Federated Farmers is flustered by the major jump in grocery bills.
The price of beef has increased almost 7 percent, chicken nearly 6 percent and pork just below 12 percent. The increased brings the rise in the cost of food for the past year to 10.8 percent.
Don Nicolson, Federated Farmers president, said that for the past year New Zealand farmers have had their lowest prices in living memory. He added that sheep meat farmers have just had their worst profits in 50 years.
Nicolson stated that while a lot of work goes into getting meat ready for consumption, it is hard to understand why it has become so expensive. Reprinted from MeatInternational.com