Thursday, March 27, 2014

The Real Inflation Fear - US Food Prices Are Up 19% In 2014

The Real Inflation Fear - US Food Prices Are Up 19% In 2014 | Zero Hedge:
"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%..."

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