My understanding is there is 5 cents of wheat in a loaf of bread.
A penny's worth of sugar in a cookie.
If prices of these crops doubled.....
Why should the price of bread or cookies also double?
Someone between me (the farmer) and you (which includes me) seems to be making a pretty handsome profit aside from the cost of the raw material?
These grain prices will hurt livestock producers. So much of their use is raw grain, price increases hurt.
Meat & milk have good reason to complain.
Baked goods & the like - most of what one pays is for middle processing, very little goes to raw materials. General Mills & the rest seem to have record profits every time grain goes up - they blame the farmer. Box of Wheaties goes up 25 cents, the 5 cents of wheat cost 7 cents now. Who made the other 23 cents?????? Hum.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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