INFORUM.com | WDAZ.com

WDAY: The News Leader

Published January 21, 2012, 11:52 AM

Food Prices Hurting Customers and Business Owners

Fargo, ND (WDAY TV) - The drastic spike in food prices isn't just hurting customers, but also business owners, who make a living selling that food. Some prices have risen six percent the past two years.

The drastic spike in food prices isn't just hurting customers, but also business owners, who make a living selling that food. Some prices have risen six percent the past two years.

Juan Mondragon owner of Jonathan Alexander's in Moorhead and Juano's Mexican Restaurants throughout the F-M area. He's feeling the effects of skyrocketing food prices.

Juan Mondragon – Juano’s Owner: “Vegetable oil frying oil has gone up, we used to pay about 15 dollars for a the container but now we are paying 30 bucks for the container.”

Mondragon blames the high prices on High commodity and energy prices along with soaring demand for food. He says this pushed up the value of veggies, meat, fruits, and bread.

Juan Mondragon – Juano’s Owner: “The crops are going up to make fuel so that the demand is higher for the corn and it has gone up quite a bit.”

To combat the ever growing cost of food Mondragon has had to make drastic changes.

Juan Mondragon – Juano’s Owner: “We have increased prices, we have offered specials in order to increase the volume.”

This meal one year ago cost 8.50, if you were to buy this exact meal today which it is a burrito, chips and salsa, and a drink, it will cost you 9.25.

Juan Mondragon – Juano’s Owner: “Going out to eat used to be the hot thing to do, at least in Fargo Moorhead, but that has changed.”

Going out has definitely changed for Helen Armstrong. She used to eat out about once or twice a week now only once or twice a month.

Helen Armstrong: “You don't just stop and pick something up like you used to or just run out for things, you go to places you like to go to.”

While the cost of food continues to rise business owners as well as consumers will continue to make changes so they can keep up with the burden of rising prices.

Menu prices jumped 2 point 5 percent last year.

Tags: