Grain prices to remain volatile in current economic climate - Jacksonville Journal-Courier

Jacksonville Journal-Courier · last updated March 26, 2023 – 1:33 AM

Grain prices to remain volatile in current economic climate
A tight grain supply will cause prices in 2023 to be volatile, experts say, but grain prices don't affect consumer prices as much as people think. Andy Sacks/Getty Images

"Only about 15% of retail food prices at the grocery store are represented by raw commodity costs," said Scott Irwin, an agricultural economist at the University of Illinois.

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