Monday, March 02, 2009

Grocers, name-brand food producers at odds over prices

The L.A. Times reports:
There's a tug-of-war underway over food prices between the nation's supermarkets and giant food manufacturers including Nestle, Unilever and Kellogg.

The nation's big grocery chains contend that food manufacturers have raised prices too fast and too far, considering large drops in prices for fuel, corn, wheat and other important commodities in recent months.