Here’s some very scary data from US Bureau of Labor Statistics.
Table 2. Producer price index percent changes for selected commodity groupings by Final Demand - Intermediate Demand category, seasonally adjusted:
https://www.bls.gov/news.release/ppi.t02.htm
Stuff that’s UP significantly:
Vegetables - 42.4%
Grains - 16.1%
LP Gas - 12.9%
Heating Oil - 20.2%
Diesel Fuel - 20.4%
Iron & Steel - 27.6%
Machinery Lube - 22.7%
Jet Fuel - 23.0%
Wheat - 24.3%
Slaughter Chickens - 19.0%
Corn - 14.0%
So, basically primary foodstuffs and all of the entailing ENERGY it costs to transport it from the farm to your grocery store.
Plan accordingly, FRiends!
Cartons of std. 1 doz. large eggs had been holding out at our local ALDI @ $1.19 until last week. (As you may recall we have chickens of our own, but I kinda watch ALDI’s as they are the lowest price in our area.)
But, now the std. carton is up to $2.19 @ Aldi.
I also saw a report that Russia may have taken out the last bridge to an open port city in Ukraine.