September 24, 2023

Cattle Call

Diane Kimura

Live cattle just closed at their highest price on record and are now up ~20% this year alone.

Meanwhile, olive oil prices are up 100% and orange juice prices are up 70% this year.

Inflation on food away from home stands at 6.5% and inflation on meats, poultry, fish, and eggs is at 6.0%.

All as oil prices are back above $90.00 and gas prices are approaching $4.00.

Inflation on many basic necessities is still well above 5%.

The fight against inflation has a long way to go.

Posted by: Timothy Birdnow at 09:42 AM | Comments (1) | Add Comment
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Posted by: OKBet at September 27, 2023 04:06 AM (kKKJ7)

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