With all grains and oilseeds falling dramatically in the last 4 months, have food prices backed off? If not it is time to hammer the media on the real cause of higher food prices - all the theives in processing and higher through the food chain. What say them now? Yes fuel and transportation are still high but the raw product is up to %40 cheaper.
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Isn't this what APAS is supposed to be doing. Its to bad these guys are always a step behind. And consumers are just sheep. Thats why they have a credit crisis in the states and soon in canada. Everyone keeps taking it. -
Retail beef prices did not lower during the oversupply market of the BSE years..when feed grains were lower. (actually I believe they rose )The "free market" works...when there are enough players....(real competition). If little competition....price to what the market will bear! (amd then some ;-)Comment
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furrow...
Reality Check;
What about the folks who bought Canola @ $15/bu... Peas @ 8/bu... Wheat @ 10/bu... hedged in... 6 months to a year forward? Their prices on average may not drop a lot... for months to come!Comment
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Where are all the people that where blaming bio-fuels for the spike in grain commodities?
Have all the ethanol plants shut down?
I think not.
Food prices will stay where they are.
Ethanol production will continue and grain prices will continue their rise and fall patterns the same way they have for decades.
Supply and demand of actual grains seem to be one of the lesser factors affecting pricing in these times.Comment
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TOM
It seems anyone with those expensive contracts are backing out of them and someone is letting them do so which is why peas are below 6 bucks ( even though weber said we had seen the last of 6 buck peas less than a year ago)Comment
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u might want to shop around and look for 6 dollar peas.
Where is India going to get its 3 million tonne pulse shortfall?Comment
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Sit and wait Larry?Comment
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