Farm Progress America, March 11, 2022
Max Armstrong looks at what really goes into the price of food.
March 11, 2022
Max Armstrong reports that the Russia-Ukraine conflict may expand the global hunger situation. Food prices have risen in the last few months and the conflict has accelerated the issue. But Max shares what goes into the food price, noting that commodity prices are a small part of the final cost of the food consumers buy. From transportation to grocery store margins to energy cost, a lot of factors impact the final cost of food for consumers.
Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
Photo: Kwangmoozaa/Getty Images Plus
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