This is a good recital by the GAO on Food Prices, its trends, factors affecting it, and how the government plays a role in it. It covers quite a bit of territory on costs and prices pre-2021 and 2021 to 2022. It was those two years when Covid was having an impact on the nation […]

Herd consolidation seems to be the main point being plugged right now as the total herd population of beef cattle is dropping and will continue to drop well into next year. This mirrors the 2014 cattle year where we had a steep downturn in total US herd. Next year will be more of the same […]

It has been suggested that the rapid increase in the prices of fish, fowl, meat and eggs for about two years following October, 2009 was the result of QE causing inflation in these items.  From this Calculated Risk graph, we can get the QE date line.  QE was announced on Nov 25, 2008, and expanded […]

The NYT reports today of further developments in the Middle East. Jordan’s Royal Palace says the king has sacked his government in the wake of street protests and has asked an ex-army general to form a new Cabinet. King Abdullah’s move comes after thousands of Jordanians took to the streets — inspired by the regime […]