I recall seeing a statistic that just since this last January there has been an increase in most commodities costs:
cattle : +27%
pork : +25%
Grains : +17%
Coffee : +67%
HealthCare: Ha,ha,ha !!
Interestingly enough , the price of food and fuels is no longer included in the INFLATION INDEX .
“Where’s Beaks?”
I am glad I brought up all that coffee teo weeks ago!
We have no idea how Not Planting The San Joaquin Valley this year is going to impact the food/supply/prices.
I'm not sure where you get your numbers, but corn in the Midwest was about $8.50 per bushel a year ago, now it is about $4.50