[Racer1]

People run gas threw there cars, trucks, and boats in this area and think nothing of of paying $3.00/gallon. But let milk go to $3.00/gallon and its terrible. Let the gas burners set when you can people and the problem will not be as bad. Corn has come down in price but as of late increased a little to $3.345/bushel. Corn crop should be good this year helping things a bit but don't expect food prices to go down any. Its not the farmers reaping the benefits as much as the retail food stores. The bigger problem IMO is traders getting into corn futures just like oil. People buying shares that have no intention of ever taking delivery on anything but to resale the share for profit.

[padre35]

Food prices have been low for a long time, a correction upwards to reflect the weakness of the dollar, and lesser inflationary pressures was bound ot happen.

“Core” inflation excludes both food and fuel, the farmers do have to pay more for fertilizer and fuel to produce crops, and our dollar’s weakness was going to show up sooner or later.

[jwh_Denver]

That’s called capitalism, our form of economics. There are other countries you might like better.

[Auntie Toots]

you said, "Its not the farmers reaping the benefits as much as the retail food stores."

the middle men can raise the price and the consumer doesn't see it. Farmers work hard for their money, and nobody gives them credit for being productive....but non farmers can sure look down their collective noses at farmers and ridicule them as being country hicks.., and then they complain if the farmer makes a buck or two......sheesh.