Big Food Raking in Huge Profits From Price Hikes as US Hunger Persists: Analysis

"Big Food's staggering increase in earnings shows they did not need to raise prices so high on consumers but did so anyway to maximize record profits," said Liz Zelnick, director of Economic Security and Corporate Power at Accountable.US, in a statement. 

"It's shameful that Americans are left food insecure and have to skip meals while corporations and their wealthy shareholders enjoy the spoils of supersized profits under unjustified price hikes," she added. "It's clear that the food industry will not hold itself accountable. It's time Congress do more to rein in corporate greed, one of the main factors currently driving up costs for families." 

"It's time Congress do more to rein in corporate greed, one of the main factors currently driving up costs for families."

https://www.commondreams.org/news/food-price-hikes-us-hunger