Trick-or-treaters better appreciate their treats this season: The price of Halloween's finest flavor is up 3 percent this year, according to data from the Dining Alliance reported in the Wall Street Journal. The upping of the price of these rot-your-teeth delights (candy corn, in particular) is because of more costly corn oil. The drought is to blame, Timothy Aeppel of the Journal explains. Processed candy isn't the only seasonal goodie affected: apples (and, relatedly, apple cider) are up 20 to 30 percent in cost. And the drought still isn't over. Despite reports today of it receding, Deborah Zabarenko and Ayesha Rascoe of Reuters write that it may instead spread in the coming months, and 2012 could become "the hottest year since modern record-keeping began." (via)
19 October 2012
the more you know
Labels:
candy corn,
drought,
halloween,
natural disasters
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