Chicken Feed: More Anecdotal Evidence for Inflation
In the course of reviewing our expenses for 2007, I happened to notice the cost of chicken feed. It fluctuates seasonally, because corn is scarcer in the late winter and spring. But I was quite surprised to discover two receipts exactly a year apart, same store, same product, with a significant price difference:
- On 2/6/07, 50 pounds of Lay Mash cost $9.89
- On 2/6/08, 50 pounds of Lay mash cost $14.69
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3/31/2008 9:37 AM
www.AsymptoticLife.com wrote:
With the price of corn-based feed already up 49% in twelve months, USDA reports that prices will go even higher because farmers are planting 8% fewer acres of corn this year. That's right: despite massively higher prices, thanks to ethanol demand, farmers find that growing soybeans is more profitable.Here's a tip: when corn goes up, so will the price of everything based on corn, from meat to candy to frozen prepared dinners-- and everything that competes with corn, like sugar, wheat, etc. In other words, brace yourself for higher prices across the board at the grocery store. ... -
6/29/2008 6:02 PM
www.AsymptoticLife.com wrote:
Last September, we bought alfalpha hay at $125 per ton. Today I asked one of the local suppliers how much he's selling hay for. The answer: $220 per ton, and it's all sold already. He did offer me last year's hay for $180 per ton. (Goats don't much care for old hay, so we passed on that.)What's caused this 76% increase in just nine months? The price of hay has risen due to both production costs and strong demand. The continuing drought in California means west coast farmers are looking far afield for hay ...
I search this hardly, thanks :-)
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