Where are the farm groups explaining food prices?

[Oliver88]

Eating out must be cheaper than cooking at home.
I’ve never seen so many packed restaurants.

No one has ever had to answer for high costs of everything. Manufacturers, stealerships, retailers, and others continue to push prices higher.
Unfortunately commodity prices are going the other way.

Interest rates will teach some people valuable lessons.

[Austrian Economics]

Shut the economy down for two years and then get involved in a war which involves cutting yourself off from a major energy supplier. Its no mystery that retail prices are going to go up if you insist on throttling supply.

An economy is not a VCR where you can just press the pause button at will. Shutting it down damages businesses. We are only now finding out just how bad the damage is.

[katoe]

Hey bto forgot to mention packed airports packed nhl hockey arenas. Lots of money around.

[Partners]

Interest rates will teach some people valuable lessons.

Check interest rates.
Got a quote today for a tractor.
Seems to be a price war on, nobody was buying so now CU wants business..
5.95% locked for 3 yrs..alot better than 8% yesterday..

[blackpowder]

First decouple supply managed from other food. Then consider you can't explain the difference between a raw commodity and finished product.

[newguy]

People just cant accept that the their beloved govt is the cause of inflation.

Its easier to think its Putin or Galen Weston or covid.

If you blame the government for inflation then under your thinking they should take credit for most farms net worth doubling in the last 7 years.

[wmoebis]

First decouple supply managed from other food. Then consider you can't explain the difference between a raw commodity and finished product.

Do farmers consider their grain they produced as being a commodity or food? I suspect whatever fits their will for the day. At what point in the chain does grain become food?

[Austrian Economics]

Check interest rates.
Got a quote today for a tractor.
Seems to be a price war on, nobody was buying so now CU wants business..
5.95% locked for 3 yrs..alot better than 8% yesterday..

That's quite a drop in a short space of time. More evidence for my notion that business demand for capital is falling. If manufacturers want to move product, they are going to have to discount financing rates. 8% gets above what the marginal farmer can afford, so down goes the rate.

This is a good illustration of why the yield curve is inverted.