Telegraph image |
David Hendee
Omaha.com
Warnings of higher food prices headed for American supermarkets and restaurants were swallowed easily across much of farm country Wednesday.
The big gulp came when the U.S. Department of Agriculture reported that global demand had pushed U.S. corn supplies to their lowest point in 15 years.
The price of corn, which has doubled over the past six months, affects most food products in supermarkets. It’s used to feed the cattle, hogs and chickens that fill the meat aisles.
It is the main ingredient in Cap’n Crunch and Doritos. Turned into syrup, it sweetens most soft drinks and many foods.
RELATED ARTICLES:
4 Best Methods for Off-The-Grid Food Production
5 Collapse-Proof Investments with Tangible Fundamentals
5 Easy Ways to Prepare for Food Inflation
Be the first to comment on "Get ready for higher food prices"