How Rising Corn Prices Could Push U.S. Food Inflation Higher
Inflatie
The economic shock from the war in Iran is spreading through global supply chains, and the next pressure point may be food. Energy prices surged first as the conflict disrupted traffic through the Strait of Hormuz, a key route for oil and fertilizer shipments. That has driven fertilizer and fuel costs sharply higher—costs that are now beginning to hit farmers and, ultimately, the grocery aisle as higher input prices work their way through the food system. Those pressures are now reaching
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