Like many in Brazil, Maria da Glória Silva doesn’t consider a meal complete without rice and beans. She eats them six days a week, for both lunch and dinner, lightly seasoned with garlic and dolloped alongside beef, chicken or pork. Recently, however, Ms. Silva has watched in outrage as the price of a kilogram of her favorite brown beans has doubled in price, to 12 reais ($3.72) from around 5 or 6. She now spends nearly one-sixth of...

Source: Wall Street Journal July 04, 2016 18:09 UTC