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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 10, 1975
Page
6
A 1970s analysis argues no single villain caused rising food costs. World oil prices, end of price controls and wage growth factored in while middlemen were cleared. Consumers blamed convenience foods and dining out as demand shifted, with 40 percent of food bills to farmers and 60 percent to processors and retailers.
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