Food prices continue to be at an all-time high even as we slowly recover from the COVID-19 pandemic. The rise in price levels also encourages US farmers to produce more, thereby driving up agricultural stock prices.
There’s a possibility that the current inflation will taper off as more people get vaccinated and the economy recovers. But, until then, you can try and cut back on your food expenses by making more meals at home, avoiding prepared foods, and buying local goods instead of imported ones.