John W. Schoen
April 19, 2014
Alert shoppers are accustomed to watching food prices go up and down. But a string of forces—from droughts to diseases—is raising the cost of a trip to the grocery store at a rapid clip.
And it looks like it will be a while before the price pressure eases.
Some of that pressure is coming from California—the source of roughly half the nation’s fruits and vegetables—where a long-running drought is forcing farmers and ranchers to cut production. After the driest year on record, large sections of farmland are expected to lay fallow this year as the Golden State copes with an ongoing water crisis.
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