Rabobank: US food inflation may climb even higher

Food inflation in the United States could climb as high as 6% in the second half of 2026 through 2027 due to soaring fuel prices stoked by geopolitical tensions, according to Rabobank North America. The food and agribusiness bank’s RaboResearch arm projects total US food inflation of 4% to 6% at year-end 2026 (December)...