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

The Real InflationFearUSFoodPrices 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(notfuturesspeculationdriven)ofUSFoodstuffsisthebestperformingassetin 2014 – up a staggering 19%

h/t Bloomberg’sChase van derRhoer


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