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Food Prices Rising for Good | Durham News
Grocery prices may be stuck at high levels for good, according to a major bank — and it’s not just a short-term glitch. Five key forces are pushing food costs up: climate disruptions hurting crops, higher wages for farmworkers and truckers, new animal welfare regulations, global demand for food, and fragile supply chains. Climate alone could add 3 percentage points to inflation, as extreme weather slashes yields and farmers earn less per unit while cutting back on investment. Prices are already climbing — fresh veggies up double digits — forcing shoppers to cook at home more, skip dining out…
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