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E.Central MN | We'll just have to refer them to the food processing industry spokesmen. I'm sure they have more accurate figures about how many cents worth of commodities are in each $1 worth of processed foods at the grocery market. As I recall, the last time corn increased to over $5 the cereal makers actually cut the price of cereal. I do get a kick out of all the hand wringing that tries to connect the price of #2 yellow corn and the price of tortillas and beer. Guess they'll just have to put an export tariff on tortillas and beer or the EU poor will starve. | |
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Interesting read
