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The Grocery Price Shock Is Coming to a Store Near You
MSN: Corn, wheat, soybeans, vegetable oils: A small handful of commodities form the backbone of much of the world’s diet and they’re dramatically more expensive, flashing alarm signals for global shopping budgets. “Go to now, ye rich men, weep and howl for your miseries that shall come upon you. 2 Your riches are corrupted, and your garments are motheaten.” James 5:1-2 This week, the Bloomberg Agriculture Spot Index — which tracks key farm products — surged the most in