Friday, April 23, 2021

Inflation and Food Costs Go Even Higher

 Yesterday, the price of corn futures rose limit up. "Limit up" is the most any commodity is allowed to move in a single day. But today, after moving modestly lower overnight, the price of corn (and other food commodities) rose and closed even higher. 



Wednesday, April 21, 2021

Food Inflation This Way Comes

 This is the price chart for corn over the past 9 months. This is typical for food commodities during the same period. Inflation is rapidly building!