Watching cashiers ring up purchases at the grocery store is becoming more painful every day. Unfortunately, things are about to get much worse, particularly for low-income consumers who don’t have ready access to discount supermarkets. According to the United Nations, global food prices hit a record high in February due to upward-spiraling gas prices and stockpiling by importers. These factors are hitting the already volatile cereal markets. Wheat, corn, sugar and edible oils have seen the sharpest price increases in the last six months, with a relatively smaller increase in rice. Produce... (Read More ...)