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Drought Shouldn’t Affect Junk Food Prices

Source: lokenrc via flickr

Market analysts are watching this summers drought with caution.  Corn – the crop most affected by the lack of rain this season – is one of the building-block ingredients in a lot of foods.  Being so ingrained in our diet, most food executives have predicted rising prices at the grocery store.

That prediction still seems to remain, however – some insiders are adding a caveat:  junk food prices aren’t expected to rise as steadily as other products.

 

Corn Food Price Inflation – Business Insider.

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