The damaging Midwest floods hurt the potato crop, which is now starting to be felt by chip processors and other companies. The floods cut supply and is driving up prices. Right now potato prices are up 10 to 25 percent. The owner of Mike's Mrs. Potato Chips says they're having a tough time keeping up with bigger companies. Big companies like Frito-Lay are also feeling the affects. A spokesperson for Frito-Lay says they have had some issues keeping the popular Ruffles brand in stock.
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- Chips and Snacks
- Floods hurting potato...
August 14, 2008
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