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Market to Market Plus segment 2/26/21
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wade garrett
Posted 2/27/2021 12:25 (#8861604 - in reply to #8861432)
Subject: RE: Market to Market Plus segment 2/26/21


Central IL
I have to disagree

Are her predictions way out, yes.

But

In last 90 days plastice resin has gone up 115%
Fuel is going to be 100% in 3 months
And every other raw material is skyrocketing.
Inflation affects raw goods first. First sign of hyper Inflation. Furthermore, what is there, 25c of corn in a box of corn flakes, if that goes up to 50c, thats still hardly 10% of the total product cost.
Were so used to being low margin we cant fathom actually making money or selling a product for what the market would actually pay.

Mix in low supplies, bad weather. Wars, lack of food inventory......
Shes crazy....
But i could believe it
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