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Hit-Or-Miss News

Check Out The Outrageous Beer And Hot Dog Prices At Each NFL Stadium

With the football season underway, now is the opportunity for fans everywhere to catch the action in person. However, you may want to double check your bank account before painting your team’s colors on your face.

Each year, like clockwork, prices for NFL game tickets, along with the cost for beer and hot dogs at the concession stands, continues to rise. The average price of a regular season NFL game ticket during the 2016 season is about $86. The average price for a beer is about $7.40, and a hot dog is more than $5.00.

Just to sit in the nosebleed seats, drink an overpriced 12 oz. beer, and eat a soggy hot dog will cost the average person about $98.00 this season. Oh, and we left out parking.

If you’re planning on watching the Oakland Raiders at the Oakland Alameda Coliseum, bring a few extra bucks for beer. One regular-sized beer at a Raider’s home game will cost you an NFL-leading $10.75. The Raiders should also be penalized for selling the NFL’s most expensive hot dog for $6.75.

Thanks to some insightful infographics from our friends at Sports Interaction, you can see where your favorite team’s beer and hot dog prices stack up against the NFL average.

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With NFL concession stand prices continuing to break records, it’s nice to see one team fighting to make a difference. Currently, the Atlanta Falcons are in the process of drastically reducing prices at concession stands inside Mercedes-Benz Stadium, according to ESPN.

Set to begin in 2017, the Falcons are prepared to offer unheard of perks to visitors. Steve Cannon, CEO of the AMB Group told ESPN, “We’ll be able to feed a family of four at our games for $27.”

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The Falcons will be offering guests a $2 soda with unlimited refills, along with $3 slices of pizza, among other reasonably priced items, beginning in 2017.

With ticket and concession stand prices already on the rise, the Atlanta Falcons already have a reason to look forward to next season. However, this trend in price gouging raises concerns about the aspect of affordability for fans attending major sporting events. Is there an incentive for fans to continue spending absurd amounts for food and beverage alone, or are people just better off watching at home?

Categories
News

Chinese Tourists Are Outraged Over The ‘Unreasonable’ Food Prices At Shanghai Disneyland

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Even though Shanghai’s Disneyland is still not open yet (just one more week), tourists, who presumably got hungry after trashing the place, are now complaining about the “outrageous” prices of theme park food.

Shanghai Disneyland’s Mickey Mouse-head baozi, a steamed bun snack, costs 35 yuan each, or around $5.30 while a bottle of water costs 10 yuan, or about $1.50.

While the prices actually seem reasonable by theme park standards, many, who perhaps thought they’d find a good deal at a theme park whose only purpose is to collect cash, were unhappy and even claimed that prices were cheaper at Tokyo’s Disneyland.

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Fortunately, the internet had a slew of all-too-true comments on the subject:

“What did you expect? Of course it’s going to be expensive.”

“This is nothing. At Hong Kong Disneyland a quick meal cost me $299 HKD.”

“This is just to dissuade the lowest rung of society from visiting and ruining your experience.”

“There’s nothing saying you have to go, if you think it’s too expensive just stay home.”

In the end, Shanghaiist went to go buy a couple of baozi for themselves, claiming in the end that they were “aaaaaaaaamazing!”

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Written by NextShark || h/t: Shanghaiist

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Fast Food

You Can Panic: Starbucks Is Raising Coffee Prices By 1 Percent

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Though coffee commodity costs are in decline, Starbucks Corp. announced that they will be raising prices of select beverages by 1 percent. So if you’re a heavy Starbucks drinker, you might want to set a little more money aside.

While not all drinks will cost more, some will rise anywhere between 5 cents to 2o cents. Fans of simple brewed coffees will have to pay an additional 10 cents for a small or large cup.

However, the prices for the more popular cold drinks are said to stay the same. Because Frappuccinos are expensive enough. Expect to see the changes at locations across the nation.

Starbucks locations in Seattle, the company’s home state, will face a 3.5 percent increase.

Sorry, Seattle.

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Hit-Or-Miss

Ebola May Cause Chocolate Prices to Increase This Halloween

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Chocolate prices have gone up and are expected to go up more thanks to Ebola. According to NPR, chocolate bars like Hershey’s milk have already increased by 5 to 10 cents and may continue to do so as Halloween approaches.

Jack Scoville, a senior market analyst at Price Futures Group, has been tracking the price jumps and the reasoning behind them. Scoville told NPR that chocolate prices have hit a three-year high now because of the Ebola crisis.

Before panic sets in and you trash your secret stash of office sweets (you’ll never find them, Elie), it should be mentioned that one cannot contract Ebola from eating or handling chocolate. The reason for the price hike is a fear of Ebola spreading to the Ivory Coast, causing cocoa farmers to move to avoid exposure. This leaves crops of cocoa beans unpicked and unready for shipment.

Now that the borders are sealed, they can’t just hop back and start harvesting again. While farmers are looking to hire locals to pick the cocoa for them, the uncertainty of the Ebola crisis has left the cocoa market in the dark.

Thus, because supply is limited, prices increase.

H/T NPR

Categories
Hit-Or-Miss

Sriracha CEO Warns a Factory Shutdown Will Cause Price Spike for Beloved Rooster Sauce

sriracha-under-fire

Earlier we reported that the city of Irwindale filed a lawsuit in Los Angeles Superior Court, requesting a halt to Sriracha production at Huy Fong Foods factory. The call for the shutdown was due to nearby residents complaining of burning eyes, irritated throats and headaches caused by the pungent chili odor emanating from the plant. Now, Sriracha CEO and founder David Tran warns that the price of everyone’s beloved Sriracha will experience a significant increase if a factory shutdown took place.

“If the city shuts us down, the price of Sriracha will jump up a lot,” CEO and founder David Tran of Huy Fong Foods told LA Times. He explained that the company is  already struggling to meet demand, with about 200,000 bottles of hot sauce packed for shipment daily.

When the city contacted the company about the smell last year, Tran said active carbon filters were installed in the factory, in addition to an extra layer installed later. Inspectors from the South Coast Air Quality Management District checked out the plant twice with no citations made and the factory never received complaints during its 30-year residency in Rosemead, Tran pointed out.

However, unlike its former location, residential homes reside next to the Irwindale plant. This, in addition to the fact that the Sriracha factory is currently in the middle of a chile harvesting cycle, may be exacerbating the unpleasant reactions experienced by its neighbors.

While the city suggested a $600,000 cleaning system that would burn the scent out of the air as a solution, Adam Holliday, director of operations for Huy Fong Foods, thinks further research needs to be done. “Burning the pepper air just didn’t seem safer. Maybe we didn’t move fast enough, but it’s a big business expense and we want to make sure it’s the right investment,” Holliday told LA Times.

So far, more than 30 residents have filed or submitted a complaint about the smell to the city. “If they fix it and the odor problems stop, we don’t need this order; but so far the odor complaints continue,” stated Irwindale City Attorney Fred Galante.

A judge is scheduled on Thursday to decide whether to grant the order. While we wait in suspense, start stocking up on Sriracha for the impending apocalypse price hike.

H/T LA Times

Categories
News

Peanut Butter Prices Expected to Rise

Peanut butter prices are on the rise and pretty soon it’ll be just as expensive as gasoline.

Cleveland.com reports, because of the major droughts and ridiculously hot weather in the peanut agriculture states, consumers will see a rise in prices for peanut butter and peanut products.

States like Texas and Georgia, two of the nation’s leading peanut farming states, have had difficulties growing the crop this past year. The states faced problems due to the dry weather.

The United States Department of Agriculture predicts that this year’s peanut crop is estimated at 3.61 billion pounds, a 13 percent decrease from last year’s 4.16 billion pounds.

Vincent Byrd, Smucker President and Chief Operating Officer, said that, “Our peanut prices will be significantly higher as we end the calendar year 2011.”

Prices are estimated to go as high as 30 percent, so stock up now folks or get use to just plain jelly and banana sandwiches.

[THX: Cleveland Business  Photo Credit: Gus Chan, The Plain Dealer]