Friday, February 1

 
French Fries to Cost More?

Potato growers in the U.S. say they need the big processors to more for the potatoes that eventually become fries at the big fast-food chains like McDonald's and Burger King. The Potato Marketing Association of North America voted to ask for the increase after U.S. growers cut back plantings to reduce supplies, resulting in a 40-percent price increase last November, compared with 2000. The potato growers say because french fries are such a low-cost, high-margin item, the big guys can afford to pay more for their spuds. This article from the Seattle Times says analysts estimate that 80 cents of each dollar earned on french-fry sales is profit.
posted by Unknown 12:38 PM