Fertilizer, diesel, and natural gas all have an impact on food. The impact first shows up in producer prices, then consumer prices.
PPI Percent Change from Year Ago
Finished Consumer: 2.1 percent Slaughter Cattle: 17.7 percent Slaughter Poultry: -5.6 percent Slaughter Hogs: 8.6 percent Unprocessed Food and Feed: 3.1 percent Processed Meat ...