Input costs for food and beverage companies surged 7.9% year-on-year in March, nearly doubling February’s 4.2% reading, according to Bank of America‘s Commodity Inflation Trendspotter — and analysts warn the worst is still ahead as fertilizer price shocks have yet to fully filter through. The 373-basis-point jump was driven primarily by fuel costs tied to … Continue reading Food Company Input Costs Jump 7.9% as Iran War Drives Supply Chain Shock