It’s summertime but the grilling isn’t easy. As families across America prepare to celebrate the Fourth of July with the time-honored tradition of a backyard barbecue, it’s hard to ignore that near-record food prices have taken a big bite out of household budgets. Up and down the supermarket aisles, it’s difficult to stomach the hefty price tags.
Myriad macro forces—the Russia-Ukraine war, severe drought, higher wages and rising costs of farm inputs, transportation and energy—have combined to fuel broad-based inflation throughout the supply chain. Against this challenging…
