Grain prices are soaring as the Midwest corn belt suffers its worst drought since 1956, but that doesn’t mean grocery bills are about to jump.

Easing costs of other commodities, hedging strategies aimed at keeping corn costs in line and fears of turning off consumers in a weak economy should all keep packaged food companies from hiking prices, at least in the short term.

“The spike is isolated, and thank goodness it is, because these companies have no room for pricing,” said Edward Jones analyst Jack Russo.