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Food companies are not expected to trim marketing
With food prices expected to rise 3% to 5% this year, marketing budgets are expected to stay fairly stable, said analyst Erin Lash of Morningstar. "I haven't heard any companies discuss cutting marketing budgets at this time," she said. "From our perspective, investing behind product innovation and marketing support are essential to ensuring that brands stand out from other national players as well as private-label offerings."

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