
Cost of pet food rising
BusinessWeek story says ingredient prices are up 30 percent.
A new story at
An executive at Colgate-Palmolive, maker of Hill's products, says a double-digit price increase was implemented in the second quarter. The executive blames the sudden price increases on a 30 percent price hike in pet food staple ingredients like corn and rice.
A price hike won't cause owners to ditch their high-cost, high-quality pet food, according to consumers and analysts quoted in the story.
Have packaging changes affected your clients' pet food choices? Let us know by commenting below.
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