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      Boxes of General Mills' Lucky Charms cereal are displayed on a shelf at a Safeway store on April 18, 2022 in San Anselmo, California. ​

      Big Food Raking in Huge Profits From Price Hikes as US Hunger Persists: Analysis

      "It's shameful that Americans are left food insecure and have to skip meals while corporations and their wealthy shareholders enjoy the spoils of supersized profits under unjustified price hikes."

      Jessica Corbett
      May 10, 2023

      As the U.S. government on Wednesday released its latest inflation report, the watchdog Accountable.US put out a new analysis detailing how Americans face food insecurity while major food corporations are padding their profits with price hikes.

      "Big Food's staggering increase in earnings shows they did not need to raise prices so high on consumers but did so anyway to maximize record profits," said Liz Zelnick, director of Economic Security and Corporate Power at Accountable.US, in a statement.

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      A person shops for meat at a grocery store

      Data Highlights 'Egregious' Pandemic Profiteering by US Food and Oil Giants

      On the eve of a congressional hearing on corporate price hikes, a new analysis shows that "companies are hiding behind the pandemic and supply chain disruptions as an excuse to gouge consumers."

      Jake Johnson
      Feb 01, 2022

      A new analysis released Tuesday ahead of a congressional hearing on pandemic-era price gouging shows that U.S. corporations in the food and energy sectors--from Tyson to Exxon Mobil--are pushing higher costs onto consumers while raking in ever-increasing revenues and handing executives massive pay packages.

      Conducted by the advocacy group Food & Water Watch (FWW), the analysis spotlights the fact that skyrocketing food and energy--specifically gasoline--prices have been major contributors to the overall rise of inflation in the U.S. Between December 2019 and December 2021, the nation's Consumer Price Index (CPI) jumped by 8.5%.

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      Chobani Yogurt

      It's International Food Workers Week--Support Organizing That Centers Those Who Feed Us

      There's a long history of over-exploiting and under paying the people who do the vital, yet too often unseen, work that keeps grocery stores stocked with food.

      Anna Canning
      Nov 23, 2021

      Every year, the Food Chain Workers Alliance marks International Food Workers Week in November. As peoples' thoughts turn to holiday feasts, it's a time to recognize the labor that people working from field to factory contribute to feeding the world. What started as an awareness campaign in 2012 by organized food and farmworkers leveraging end-of-year holidays around the need to raise the minimum wage and improve working conditions from farm to table, the campaign has become more relevant than ever in 2021.

      Too often, workers' calls for justice and all of our calls for a fair food system are met with false solutions.

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