Out here in farming country, corn is approximately 1/3 of the price it was 14 months ago. Wheat, soybeans, and everything else has also fallen. Feed should drop even more in the coming months.
I really pity the dairy farmers. Milk is around $10 per hundred pounds, which means that the farmers are losing about $5 per hundred. I guess that milk in the store has dropped some, but not nearly as much as the raw product.
The last time I priced milk here in the grocery store ( 2 or 3 weeks ago), the price had not dropped any. Still very high compared with a couple years ago.
I'm going to the grocery store tomorrow. I'll "peek" at the price.
(might even BUY some..)
Grocery prices here have ALWAYS been HIGH compared to surrounding communities. Many people used to travel to Albuquerque every 2 weeks or so for groceries. (140 miles one-way) With gas prices as the USED TO BE, those people STILL saved money. Probably can yet today if you're buying enough groceries.
I haven't noticed the price of anything at all going down. The feed store prices have stayed the same for at least the last half year.
The water delivery company, t.v. satellite, garbage collection, and electric company all raised their rates last year when the price of gas was so high, saying "We need more money to pay for our increased fuel costs!" I have yet to see the rates go back down. Hmmm, I wonder if they needed to maintain that rate increase just in case fuel costs skyrocket again, which they will.
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My dad was lucky enough to lock in a higher price for his corn months ago when it was planted. But I dont know how the dairy farmers do it, its a shame for them.
I have not seen feed prices come down here, south eastern Michigan. I usually buy my feed @ TSC for $12.99. I did some comparative shopping at another feed store last, the duck feed they stock is $13.99.
hmm, in my country chicken feed is stable, so does corn. but the "daily need" grow high. 1 kg sugar was US$0.7 and now 1 kg sugar is US$ 11. everyone is going to stop drink sweet coffee and tea here now.