Food Prices To Stay High

(Columbia) The high prices at Missouri grocery stores are expected to stick around for a while.

University of Missouri Professor Scott Brown studies the economics of food prices and tracks the consumer price index, or C-P-I, of agricultural commodities.

He says we’ll likely see higher indexes for food for the next several months but adds that inflation could slow down by fall.

The consumer price index for beef was up 16 percent in February and pork rose 14 percent.

Brown says the Russian invasion of Ukraine has some impacts on the price of grain, cereal, and bakery products, and he thinks there’s more to come.