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Higher Food Costs New Hurdle for Still Struggling Restaurants

Mar 31, 2011

Synergy was quoted for this recent article published in the OC Business Journal.

 

By Kari Hamanaka

Sunday, March 27, 2011

Rising food costs could topple any gains—however slight—expected this year for restaurants.

Prices for meat, dairy, flour, produce, corn oil and other restaurant staples are seeing big gains this year as a result of bad weather, higher fuel prices, higher demand in developing countries and other issues.

“Rising commodity prices are a real issue,” said Daniel Conway, legislative and public affairs director of the Sacramento-based California Restaurant Association.

Read the entire article here