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According to the U.S. Department of Agriculture, food prices are to rise by three to four percent. This is because of the terrible Midwest drought in 2012 that withered crops in the field. As a result, prices for corn, soybeans and other grains rose.
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∙ 9y ago
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∙ 6y agodrought in the Midwest
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In 2012 had a significant effect on food prices?
drought conditions in the midwest
What were food prices in 1929?
What was food prices in 1929
Who causes inflation (government or investors)?
Inflation is a measure of the rate of rising prices of goods and services in an economy. If inflation is occurring, leading to higher prices for basic necessities such as food, it can have a negative impact on society.
How did immigration affect what you eat today?
Immigration has a direct impact on the crop worker supply. The more lenient immigration is, the more controlled the prices are of the food.
How prices of food they have?
Good prices.
What was one result of the boom on farm production in the 1870?
Crop prices went down because of the boom in farm production in the 1870s.
What is the difference in price of dog food from 201 to 2012?
Prices for dog food vary widely depending on the quality you wish to buy.The difference in price this year to last is about 4%.A good store is suggest is www.petsmart.com which stocks a good range of foods at reasonable prices.
Why do high oil prices affect food prices?
transportation of food takes oil to get it around to your local grocery store therefore driving up food prices.
What were the food prices in 1969?
potato prices in 1968
How can energy from food be bad for us?
It's bad as it will send food prices up and take up land that should be used to grow food for eating, using food stuffs for energy will have a harder impact on poor people who are already living on or below the poverty line.
Why is it when Petrol prices go up food prices go up but when petrol prices go down food prices remain as they are when petrol prices start to go up again food prices go up so the consumer cant win?
you got it all in one!
Are rising food prices due to the 2012 drought in the US?
Not as of right now (mid-July 2012). It takes time for these effects to work their way up into the food production stream. Perhaps later this year or early 2013 food prices could increase in a way traceable to the drought, but for now if any retailer tries to raise prices "because of the drought," you need to report them for price-gouging. In most parts of the US, one should report to the state Attorney General's office or some department therein.
