Arizona Highlander
11-05-2007, 10:10 PM
I’ve been hearing that the price of wheat has taken a jump lately, so I thought I’d pick up a few #50lb bags at the local feed store to stash away in case times get bad. Okay, they're selling it as chicken feed, and it's not as thoroughly cleaned as the prestige brand from Idaho that costs 4x as much (and don't forget to add long-distance shipping charges to your bill) but heck, at one-quarter the price, I’ll deal with a little extra chaff.
Holey Moley, bags of wheat that were going for $8.49 six months ago are going today for $10.99!
And they keep telling us there’s no inflation . . . :rolleyes:
If you’re thinking of storing some wheat long-term, it might be a good time to pick up a few bags. Given the crashing dollar, and the mass move towards corn as an ethanol crop, I doubt that wheat will be getting cheaper anytime soon.
Holey Moley, bags of wheat that were going for $8.49 six months ago are going today for $10.99!
And they keep telling us there’s no inflation . . . :rolleyes:
If you’re thinking of storing some wheat long-term, it might be a good time to pick up a few bags. Given the crashing dollar, and the mass move towards corn as an ethanol crop, I doubt that wheat will be getting cheaper anytime soon.