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Forbes: The Drought's Impact on Food Prices

Why Your Grocery Bill Will Increase

The drought has led to the lowest projected corn yield in the U.S. in 17 years. With such a diminished supply, feed costs have rocketed. While farmers and feedlots are paying the price now, it won’t be all that long until consumers see the impact on their grocery bills. Some foods will experience spikes in prices as early as the fall, but others won’t be affected until 2013. And not everything on the supermarket shelves will be equally influenced by the sky-high grain prices either. Read on to see just how the drought has impacted different foods.

(Photo by AFP/Getty Images)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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