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Food inflation has soared in the U.S. And now farmers are planting wheat in the most expensive harvest ever

Por: MarketWatch Politics October 10, 2022

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On Monday, benchmark wheat prices spiked to a two-week high of $9.42 a bushel as Russia bombed several Ukrainian cities, including the capital of Kyiv, in retaliation for Saturday’s destruction of a bridge to Crimea. All of this underscores just how volatile prices are. The government will release September figures for food and other costs in its Consumer Price Index report Thursday. In its for August, food was one of the biggest contributions... + full article



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