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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: damainman who wrote (86443)9/18/2007 8:58:44 AM
From: westpacific  Read Replies (5) of 110194
 
Nice timing, energy and food prices drop in August.

""PPI plunges 1.4%, but core rate rises 0.2%
Falling energy and food prices check wholesale inflation in August""

Did oil just hit an all time high, did wheat also.

Read this article out today on food prices!!!!

latimes.com

""Yet even though they've raised their prices recently, bakers are struggling to keep pace with the higher costs they face for wheat and other basic commodities such as butter. Sara Lee estimated that its hikes fell short of actual costs by about $10 million in its latest quarter, which is why it continues to raise prices.""

UFB!

West
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