So, asking for a friend, when you buy a bag of flour at the grocery store, how much of the price went to the wheat farmer?
Where the Stars Wars “It’s a trap” dude? :)
I’ll try using these numbers:
Wheat futures are $10/bushell
45 lbs of flour per bushell
For a 40lb bag of flour costing $17, the farmer gets $10, which would be 58 percent of the price.