Midwest Flooding to Force Up Food Prices

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By wiping out corn and soybean crops across Iowa, Illinois and other states, the flood is driving up prices that were already at historic highs and increasing the cost of feed for cattle, hogs and poultry.

Economists say that will force livestock farms to cut back on production even more than they were, and that will lead to higher prices for beef, pork, chicken, milk and eggs.

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