Ingredient needed for pretty much all food just got way more expensive. Your grocery bill may soar too

A key ingredient used in producing most food items has become more expensive. This commodity plays a vital role in growing or making nearly all the food people buy or consume.

The increase in cost may have a ripple effect on grocery bills.

Further information on this development can be found through KXAN, which is reporting on the potential impact of rising costs on food prices.