FOXNEWS America Reports With John Roberts Sandra Smith March 4, 2022 18:57:00
Inflation ticker. >> it's also rippling through the supply chain, food. wheat prices are up 40% in a week, 14-year high. corn, 21%. driving inflation even higher. not just for cereal, bread, pasta, but beef, pork, chicken, processed foods. these grains, like oil, are global commodities. russia and the ukraine export 30% of the world's wheat, 80% of sunflower oil, creating shortages worldwide. >> inflation in food is mind boggling. chicken, pork, beef and the very corn you have to feed those animals and soybean meal exploding in value. wheat and pasta, being durham, going up at a rate i have ne...