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In 2012, _____ had a significant effect on food prices.

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In 2012, Drought conditions in the Midwest had a significant effect on food prices.

User Ligeia
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In 2012, falling supply or increased demand of food had a significant effect on food prices.

When there is a falling supply of goods, prices tend to increase with the constant demand for such goods. If there is an increased demand for food, sellers tend to increase prices to get more profit from such demands.

User Lifeless
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