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re: Why your prices have gone up… an anecdote
Posted on 10/10/22 at 12:30 pm to deltaland
Posted on 10/10/22 at 12:30 pm to deltaland
[quote] Flour is made from wheat. Wheat supply has been short thanks to Russia[/quote
America is the 2nd largest wheat exporter. The largest wheat importer to the US is Canada.
Planted wheat area is at a 100+ year low. Farmers can make more money planting other crops.
USDA website
LINK
America is the 2nd largest wheat exporter. The largest wheat importer to the US is Canada.
Planted wheat area is at a 100+ year low. Farmers can make more money planting other crops.
USDA website
LINK
This post was edited on 10/10/22 at 12:47 pm
1
Posted on 10/10/22 at 12:35 pm to MizzouBS
I’ve heard it’s the packaging and transportation costs and market power causing most of the increases in food prices. The latter being the reason that food prices are sticky. A huge anti-trust push right now to reverse the damage of the CARES Act would do this country wonders.
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