From the Wall Street Journal:
The continued rise in food prices along with weather problems among global competitors have helped one sector of the U.S. economy that is often overlooked: the Farm Belt.
The benefits, however, are not equally distributed, and higher grocery bills threaten to curb U.S. consumer spending on all other items, a headwind for overall U.S. growth.
Global food-commodity prices soared in recent months, and more increases are expected to come. The Department of Agriculture recently lowered its estimate of some U.S. crop totals, but for producers, the rise in prices more than makes up for the loss in volume.