Leibtag of the USDA also said he thinks consumers will be reluctant to cut back on their grocery spending. “The general economic view tells us that food overall is a relative necessity, and grocery store shopping, vs. eating out, is more of a necessity, or one area that consumers can fall back on,” he said. “So, with the weakening economy and higher prices for food, it is the non-necessities that go first. If consumers are cutting back, it is probably not on basic food staples.” Consumers ...
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