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Article: Coping with big cheese costs.
- Article from:
- The Buffalo News (Buffalo, NY)
- Article date:
- July 9, 2007
CopyrightCOPYRIGHT 2007 The Buffalo News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Michelle Kearns
Jul. 9--Pizza prices are rising like dough. Some local pizzerias are adding 50 cents or more to the price of a large pizza, as the cost of cheese has gone up almost 67 percent in the past year.
Analysts say the price hike comes from increased demand for corn -- as cattle feed and as a newly popular ethanol fuel source. This, in turn, drives up the cost of milk and dairy products.
Some national chains now price cheese as an extra ingredient, such as pepperoni. At Papa John's 3,000 stores, with nearby locations in Rochester, the increase in the past month and a half has varied from 10 to 12 percent: A large cheese pizza may ...