Looming Price Hikes on Food Set to Hit Americans This Fall

Kevin Stocklin, The Epoch Times

“People don’t realize what’s fixing to hit them,” said Texas farmer Lynn “Bugsy” Allen. “They

think it’s tough right now, you give it until October. Food prices are going to double.” The 8.8 percent increase in food prices Americans have already seen does not take into account the dramatic cost increases that farmers are now experiencing. This is because farmers pay their costs upfront and recoup them at point of sale, months later.