Quote:
Originally Posted by MassMarketing
Gas is under 2.70 a gallon here. But Coffee is up, milk, nuts, etc. They say there is a reason for everything though. Coffee because of a drought in Brazil, same with nuts and fruits, drought in Cali, etc.
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Fruit has more to do with transportation costs I think.
Coffee is always a wild commodity. Coffee retail prices are up 35% right now.
Meat prices have risen 50% in the past year or two -- there was competition by the ethanol production from corn that could be used for cattle/poultry feeds ... Crop yields are up this year in the grain belt but once prices go up they tend to remain high to recoup lost profits (or widen profit margins).