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Archive Home > 2012 > July > 11 > Midwest drought likely to raise cost of groceries

Midwest drought likely to raise cost of groceries

By Kevin G. Hall / The Bulletin
July 11, 2012

WASHINGTON — A punishing Midwest drought may lead to food inflation as the cost of corn soars and the price of a key feedstock for ranchers rises. Experts warn it could mean higher costs for everything from a hamburger to a gallon of milk in the months ahead.

“Farmers are going to have higher....

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