Whether buying Christmas presents, purchasing a new car, or shopping for food, everyone is feeling the pinch of inflation. Grocery prices have increased by 21 percent (from January 2020 to August 2022), and retail fat and oil prices have increased by 30 percent — with soybean oil a key ingredient in frying and baking, including its use in margarine, cooking oils, and salad dressings. Pair its food service popularity…
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