[lbo-talk] Reality check, please

Alan E. DeBakey a.debakey at yahoo.com
Fri Dec 21 06:30:57 PST 2007


Nothing special folks, just this little crumb from the hinterlands out here:

We went to the feed store yesterday - wheat a year ago was $7 for a 50 lb bag, then up to $9.50 recently, then $12.50 a month ago, now $19.50. My friend in the pig industry regularily sends me stuff about how the pork, chicken, beaf industries are worried as they don't think they will be able to pass on all their increases in costs to consumers who will stop buying meat if it gets too high. Alan

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