I'm surprised it would jump that much year over year. Then again, I'd bet farmers in 1st world are more able to increase production quickly than others, so they may be taking into account the increased demand.
Or it might be that prices for US food exports (grains) are increasing faster than prices for US food imports (everything else?).
Or it might be that prices for US food exports (grains) are increasing faster than prices for US food imports (everything else?).
Comment