Agriculture Researcher Predicts ‘Perfect Storm’ for High Grocery Prices Nationwide

Agriculture Researcher Predicts ‘Perfect Storm’ for High Grocery Prices Nationwide
Soybeans are loaded onto a truck before delivery to a grain elevator in Dwight, Ill., on June 13, 2018. Scott Olson/Getty Images
The Center Square
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The cost of farming will remain volatile next year, and high grocery prices with it, according to a University of Missouri research associate for the Food and Agricultural Policy Research Institute.

“This isn’t a message I like talking about,” Senior Research Associate Ben Brown told The Center Square. “Most likely, the path forward is going to be a period of high prices and low or relatively low economic growth. It’s the same thing we had in the 1970s. It’s going to cause economic pain, there’s no doubt about it. And it tends to last long.”

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