Title: Food prices are skyrocketing — for these 4 reasons
Headings: Food prices are skyrocketing — for these 4 reasons
Food prices are skyrocketing — for these 4 reasons
1. Plummeting food production
2. Transportation tumult
3. More eating at home
4. Wild weather
The outlook for food prices

Content: There isn’t much out there to snack on. The country may be turning the corner on COVID-19, but food-chain instability due to surging global food demand and severe weather related to climate change will continue putting pressure on food prices over the long term. The USDA estimates that the cost of key food components, like soybeans and wheat, will increase by at least 5% in 2021, further driving up the cost of staples like pasta and cereal. Prices for fruits like apples, strawberries and citrus already have spiked 11.3% this year. "People will have to get used to paying more for food," Sylvain Charlebois, director of the Agri-Food Analytics Lab at Dalhousie University in Nova Scotia, Canada, told Bloomberg. “ It’s only going to get worse.” That is some truly bitter fruit. You may need to find a side income just to cover your extra grocery costs. Continue Reading
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