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Non-Cattle Specific Topics
Every Thing Else Board
The price of grain
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<blockquote data-quote="Cattle Rack Rancher" data-source="post: 444585" data-attributes="member: 245"><p>I heard the other day that consumers should expect prices to rise on cereal and bread because of the higher commodity prices that farmers are getting paid lately. I was talking to a grain farmer about that on the weekend. He told me that in a box of Corn Flakes tha there is about 3 cents worth of corn and a loaf of bread contains about ten cents worth of wheat. Can anybody verify that? Because if that's true, even if commodity prices doubled, it shouldn't cause much of a price increase in either one. Looks like the farmers are taking the blame for the greedy corporations to me.</p></blockquote><p></p>
[QUOTE="Cattle Rack Rancher, post: 444585, member: 245"] I heard the other day that consumers should expect prices to rise on cereal and bread because of the higher commodity prices that farmers are getting paid lately. I was talking to a grain farmer about that on the weekend. He told me that in a box of Corn Flakes tha there is about 3 cents worth of corn and a loaf of bread contains about ten cents worth of wheat. Can anybody verify that? Because if that's true, even if commodity prices doubled, it shouldn't cause much of a price increase in either one. Looks like the farmers are taking the blame for the greedy corporations to me. [/QUOTE]
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The price of grain
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