Exporters of perishables, such as flower and vegetable producers in Kenya, suffered immediate damage.
By the numbers, the prices on store brand non-perishables increased 5.3% last year vs. 1.9% for national brands.
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There is only one place in which a conscientious grocer would display an assortment of hedged investment products: the perishables case.
When I was little, I used to think that my grandfather was so strange because he always had a pantry full of non-perishables.
Produce and other perishables would be unavailable from shuttered Wal-Mart stores, and with a reduced supply in the market, there would be an immediate price spike.
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Now, unlike those perishables, sports can be recycled through highlight films and cable TV, but those are after-market products that are useless without the live events.
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There is only one place in which a conscientious grocer would display an assortment of hedged investment products: He would set them out in the perishables case.
Some customers likely balk at the relatively high cost of shipping perishables overnight or heavy items like jars of jam when many online retailers are offering free shipping.
During the company's conference call, management said that deflation affected first-quarter perishables by 0.5% to 1%, adding that deflation is expected to continue through the second quarter, according to TradeTheNews.com.
However, food writer Rose Prince told Today she doubted the science employed by manufacturers to set use-by dates and said perishables such as eggs and yoghurt could often last much longer.
BBC: Scrap food sell-by dates, government urges manufacturers
And for perishables, the numbers were 12% vs. 8%.
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We ate pretty majestically, stir frying with abandon, and trying not to think over much about the milk and other perishables, as they turned into a middle-school science project in the fridge.
Common in the U.S. but still rare in Japan, they involve chilling perishables to 35 degrees within a couple of hours of harvest and keeping them there all the way to the store.
Common in the U.S. but still rare in Japan, they involve chilling perishables to a couple of degrees above freezing within a few hours of harvest and maintaining that temperature all the way to the store.
Actually, one of my very good friends gave us some gift cards to a local grocery store, and so we're going to go stock up on meat and - which would be nice - and hopefully stock our pantry full of non-perishables.
Those who could afford the annual fee, could drive to a big warehouse in the suburbs, had two or more refrigerators to store perishable items, and could take advantage of a large house for storage of non-perishables, have been blessed by the benefits of lower prices.
As described by ice sculptor Joseph Amendola in his book Ice Carving Made Easy, written records dating back to 600 BC reveal that in the highlands of northwest China, farmers would flood their fields with water, wait for it to freeze, harvest blocks of ice and then store them in insulated facilities to help preserve perishables like seafood.
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