ELMWOOD PARK, N.J. — Food-price inflation could be much more severe and more prolonged than many people are now predicting, according to a presentation yesterday by the Food Institute here and consulting firm Willard Bishop, Barrington, Ill. “We don’t think a quick retreat is likely,” said Jim Hertel, managing partner at Willard Bishop, during the “Future of Food Retailing” webinar. Citing “structural changes” in supply and demand, he projected that inflation would be a major force in the ...

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