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Shoppers scurry to stock up as food prices rise
- Article from:
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Sunday Gazette-Mail
- Article date:
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May 4, 2008
- Author:
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Copyright informationCopyright 2008 Sunday Gazette-Mail. Provided by ProQuest LLC. (Hide copyright information)
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Ross C. Powell has found a novel way to counter rising grocery
prices. He started an informal food cooperative out of his garage.
The San Antonio project manager is stocking up on inexpensive
beef, anticipating that meat prices will follow dairy, egg and grain
prices higher. "It's a hedging strategy," says Powell, a 48-year-
old father of three. He recently installed a 22-cubic-foot freezer
in his garage to go along with the shelves he built for deeply
discounted food staples. Neighbors who once dismissed his frugal
ways as overkill are now joining him to make bulk purchases of meat.
Even as rising food prices have triggered protests in developing
countries, Americans are rediscovering the ...
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