Source: International Business Times
Pressures are building across the food supply chain after recent grocery inflation was concentrated heavily in categories including beef, coffee and chocolate. AFP Americans already facing high grocery bills could face a broader round of food price increases as rising grain, diesel and fertilizer costs put new pressure on farmers, food producers and retailers. Corn and wheat prices have climbed to their highest levels in more than three years as wars, higher energy costs and difficult weather conditions disrupt agricultural markets.
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