BTW, if you're interested, the price of Grade III Milk on 3 January (basis nearest futures, effectively spot) was 13.15/cwt. The price, basis nearest futures, late Friday 20 July, was 21.29/cwt.
That's a very modest (cough, choke) 61.9 % increase, and almost all of it due to the ethanol scam.
>>Very perceptive, Gondram, and very accurate.
BTW, if you’re interested, the price of Grade III Milk on 3 January (basis nearest futures, effectively spot) was 13.15/cwt. The price, basis nearest futures, late Friday 20 July, was 21.29/cwt.
That’s a very modest (cough, choke) 61.9 % increase, and almost all of it due to the ethanol scam.<,
You know, I don’t want to pay 70% more for milk but its not going to kill me.
But at local CVS they put the put the infant formula under lock and key because its already so expensive some women will steal it to feed their kids.
This will likely literally kill some of those kids.