Author Topic: The Real Inflation Fear - US Food Prices Are Up 19% In 2014  (Read 813 times)

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Offline iamusul

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The Real Inflation Fear - US Food Prices Are Up 19% In 2014
« on: March 26, 2014, 09:37:27 PM »
http://www.zerohedge.com/news/2014-03-26/real-inflation-fear-us-food-prices-are-19-2014


We are sure the weather is to blame but what happens when pent-up demand (from a frosty east coast emerging from its hibernation) bumps up against a drought-stricken west coast unable to plant to meet that demand? [/size]The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 - up a staggering 19%[/size]...
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[/size]graph and more analysis at link above.