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

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The Real InflationFearUSFoodPrices Are Up 19% In 2014

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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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