Herbisretired

Herbisretired t1_ixyrzmh wrote

The cost of ag commodities has a small affect on the cost of the consumer goods price. I used to deal with a snack food company where the bag cost more than the corn used to make the chips. There are 90 loaves of bread from a bushel of wheat which comes out to ten cents of wheat in that $2 loaf of bread and wheat is up about 40% from a few years ago.

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