Why Are Generally Food Costs Soaring?

Photo: Wikipedia Commons
Wheat prices are soaring along with all other foods

The cost of food has been rising at a very fast pace over the past year. Why are food prices rising so fast when Federal Reserve Chairman Ben Bernanke says inflation is still very low and the economy is improving?

When I go to the grocery store, there are very few things that I will buy unless they are on sale. In fact, I have noticed that many of the new “sale prices” are the old regular prices. Other items have had their packages reduced in size in order to hide the price increases. What is going to happen if food prices keep rising this rapidly?

The food prices are especially painful if you are trying to eat healthy. Most of the low price stuff in the grocery stores is garbage. But if you try to stick to food that is “healthy” or “organic” you can blow through hundreds of dollars in a heartbeat. Soon there will be millions more American families that will not even be able to afford an unhealthy diet.