Food Prices Set to Surge | Business and Finance News

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Recorded19 Aug 2026

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Handlerec:20060360

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Food prices are set to soar—up nearly 12% this year and another 5% by 2027—with grains, fruits, veggies, and dairy hit hardest. Blame it on Europe’s brutal heatwaves and droughts wrecking harvests, plus skyrocketing energy and fertilizer costs. Throw in Middle East and Ukraine conflicts: blocked shipping routes and attacks on ports threaten global wheat and corn supplies. Germany’s grain crop? Down 7%. Expect bread, pasta, and other staples to climb in price within 6-9 months, while fresh produce may jump sooner. Your grocery bill? Brace for a serious squeeze. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ab72df397a196c58

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