One Dollar Oyster Promotions Are Vanishing Across The U.S. As Costs Rise
The downfall of the buck-a-shuck is upon us. Food costs overall have been on the rise over recent years, and the world's oyster population has been declining for the past century. Today there are 85 percent less oysters in the world than 100 years ago. Supply has shortened and demand has showed no signs of slowing down. The one dollar deals that diners have grown accustomed to seeing on restaurant menus are typically not profitable for the businesses offering them. “When oysters are costing 90 cents wholesale, once you add the accoutrements, you’re taking a loss," said Kawana Jefferson, owner of Catch, an oyster bar in NYC.
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The U.S. Cuts Funding For World Food Program Projects That Feed 14 Impoverished Countries
Image Source: Burhan Ozbilici / AP Photo
This month, the Trump administration ended U.N. World Food Programs (WFP) emergency funding that helps feed hungry populations in 14 different countries, including Syria and Afghanistan. The World Food Program is the largest food aid provider globally. “This could amount to a death sentence for millions of people facing extreme hunger and starvation,” read a WFP post on X. Syria is a country that notoriously battles food insecurity, and State Department documents show nearly $230 million in contracts between the nation and World Food Programs were terminated this month. In Afghanistan, around $560 million in allocated expenses for emergency food assistance aid as well as lifesaving medical care and safe drinking water were cut as well. The U.S. provided $4.5 billion of the $9.8 billion in donations to WFP last year.
USDA Unveils $1 Billion Objective To Curb Egg Prices
Image Source: Frederic J. Brown/AFP via Getty Images
As bird flu rages through chicken farms, prices have skyrocketed. Last month, the cost of eggs shot up 15%. Shoppers, worried for the future, have been wiping out grocery store shelves in efforts to stockpile. The USDA is responding with a $1 billion plan to mitigate the issue. Objectives include funds to boost safety measures at egg farms across the country and to explore vaccination options for affect chickens.
Japan's Worst Rice Shortage In Years Exacerbated By Sushi-Hungry Tourists
Image Source: Food Institute
Japan's rice stocks are at a 25-year low, according to the country's Ministry of Agriculture, Forestry and Fisheries (MFAA). Demand has outpaced production, and MFAA points the finger at Japanese consumers stockpiling rice ahead of typhoon season (and a major earthquake) as well as a summer influx of tourists hungry for sushi and other rice-based dishes. By August, prices had risen to an 11-year high of $111.24 per 60 kilograms, and supermarkets limited rice purchases to one bag per person. Japan's 2024 rice harvest should ease the squeeze but some analysts predict a supply-demand imbalance continuing through 2025. Rice fans take note: Prices may not come back down.
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Boar's Head Adds 7 Million More Pounds To Deli Meat Recall
Image Source: Mike Kline/Getty Images
At least two people died and nearly three dozen others in 13 states have been sickened in a listeria outbreak linked to Boar's Head sliced deli meats, according to the US Centers for Disease Control and Prevention. The new recall follows an earlier recall of more than 200,000 pounds and now totals 7 million pounds, including 71 products such as ham, bologna, beef salami, and liverwurst made under the Boar's Head and Old Country brands. The products were manufactured between May 10 and July 29 at the firm's Jarratt, Virginia, plant and distributed to stores nationwide, as well as to the Cayman Islands, the Dominican Republic, Mexico and Panama, Agriculture Department officials said. Details at the Boar's Head website here.
