US Food Prices Are Up 19% In 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? The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 – up a staggering 19%…
..and believe me, me and mine are feeling it. Milk, fruits and veggies, meat, etc. These are basic healthy foods that we should beentitled to buy, not just the wealthy.
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