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you know the prices won't stay up
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Ray (ecks)
Posted 2/25/2007 16:59 (#110916 - in reply to #110566)
Subject: How much is food going up and why?



Would like to hear some details and reasons.

What % of the cost of a can of corn is due to the corn? How about fresh sweet corn? When you are selling something 4 or 5 times the market price the market going up does not affect it much. How about a loaf of bread, how much will it go up?

If you know the prices won't stay up, then at what price are you going to sell out your whole farm production and take it to the bank?

Not trying to pick on you, but the problem is nothing is a given. No one, absolutely no one knows what the market is going to do. If he did then he'd be living on some private island with more women than he'd know what to do with.
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