The article showed graphs w/ sugar prices falling with a soaring dollar index, but the affect on U.S. food prices has been more one of food prices calming down while prices in general stagnate:
imho this will either postpone any fed rate move or it'll make a rate hike super problematic.
To: expat_panama
So now’s the time to stock up on snickers bars?
To: expat_panama
On
CNN money commodities, they have sugar at 16.79 cents per pound, within the 52-week range of 11.28 to 17.68. This is about 90% at the top of that range.
Gold is at the bottom of its range for the 52-week range.
3 posted on
07/22/2015 4:20:54 AM PDT by
C210N
(When people fear government there is tyranny; when government fears people there is liberty)
To: 1010RD; A Cyrenian; abb; Abigail Adams; abigail2; AK_47_7.62x39; Aliska; aposiopetic; Aquamarine; ..
Good morning everyone, it's raining falling prices outside! Futures see metals today at -1.23% and stock indexes -0.51%. Whild this may be just another day of profitaking for stocks after yesterday's pullback in mixed trade, metals are in freefall: gold'n'silver $1,094.92 and $14.85. If that weren't enough we also got this:
7:00 AM MBA Mortgage Index
9:00 AM FHFA Housing Price Index
10:00 AM Existing Home Sales
10:30 AM Crude Inventories
To: expat_panama
I thought this sugar substance you speak of was banned for the common people in the US along with salt, butter and bacon.
14 posted on
07/22/2015 4:57:34 AM PDT by
WinMod70
To: expat_panama
Many do not realize the US has a rather large sugar price support program, as do a number of other countries. Worldwide glut of sugar means low market prices and high subsidies. More insanity.
18 posted on
07/22/2015 5:24:03 AM PDT by
jjotto
("Ya could look it up!")
To: expat_panama
Can we put sugar back in my Coke and Pepsi now instead of high fructose corn syrup?
Answer: of course not. Then I couldn't drink as much. No, seriously, I couldn't finish a 24 oz bottle of Pepsi with sugar a few years back in the Caribbean. Forget about those movie cup sizes!
21 posted on
07/22/2015 5:53:03 AM PDT by
Tanniker Smith
(Rome didn't fall in a day, either.)
To: expat_panama
Prices are tumbling everywhere except where consumers buy sugar.
24 posted on
07/22/2015 6:11:52 AM PDT by
Iron Munro
(We may be paranoid but that doesn't mean they aren't really after us)
To: expat_panama
But most importantly, what’s this got to do with the price of my frozen orange juice futures? ;)
25 posted on
07/22/2015 6:15:25 AM PDT by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
To: expat_panama
Kinda wish we’d see a coffee price collapse
30 posted on
07/22/2015 8:01:28 AM PDT by
zeugma
(The best defense against a bad guy with a gun is a good guy with a gun)
To: expat_panama
.25 should not matter. #OneAndDone
32 posted on
07/23/2015 9:19:15 PM PDT by
CPT Clay
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