A food economist says a variety of factors are leading to the highest food prices in four decades.
David Ortega with Michigan State University tells Brownfield, “The rise in food prices at the grocery store has been about 10 percent for the last five months now and I expect food prices to remain elevated in the near term through the end of the year.”
He points to prolonged supply chain challenges, higher energy prices, and Russia’s invasion of Ukraine as leading inflationary challenges.
