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 - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
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