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Non-Tech : Farming -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (553)3/16/2008 2:42:47 PM
From: Elroy Jetson  Respond to of 4446
 
You've confused "sales price" with "production cost". .

Medical prices have not tripled over the past year or so while costs rose only 12%.

But Grain costs have tripled while costs have risen only modestly.

Spend some time thinking about this concept. It may take you a while to understand since you're not familiar with economics.

Farm products are in a bubble, "trade in high volumes at prices that are considerably at variance from its cost or economic value." Medical prices are not.
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