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Food Commodities Are Getting Cheaper—Unlike Grocery Bills

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wsj.com

Global prices for commodities such as wheat and sugar have fallen back to where they were a year ago, but consumers are still likely to feel the pinch at the checkout.The disconnect is because of extraordinary uncertainty about future production of key foodstuffs such as wheat, and because price pressures elsewhere—including for energy and wages—can have a major impact on grocery bills.

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