Food Prices Rise for Corn and Wheat
Prices for important food staples like corn and wheat are now higher than they have been in over three years.
Families are watching their grocery bills. They want to know what makes food prices go up. Right now, corn and wheat cost more. These prices are the highest they have been in over three years. This trend affects many items we buy in the store.
Experts explain why these prices climb. Wheat prices rise because of less supply. Farmers grow less wheat. Bad weather hurts crops. Corn prices go up for a different reason. More people want to buy corn. This higher demand pushes prices up. Big buyers want more corn now.
Both crops are very important. We use corn in many foods and products. Wheat makes bread and pasta. When these prices increase, it can mean higher costs for many things. Shoppers should watch for changes at the supermarket.
Source: CNBC
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