Re: long - Emptying the Breadbasket
- From: Robert Sturgeon <rsturge@xxxxxxxxxxx>
- Date: Wed, 30 Apr 2008 08:09:58 -0700
On Tue, 29 Apr 2008 20:51:53 -0700, Tim May
<timcmay@xxxxxxxxxxxxxxxxxx> wrote:
In article <29mf14lmhmaqn88bo1c27tk5nnd0gdrv6o@xxxxxxx>, Winston_Smith
<not_real@xxxxxxxxx> wrote:
http://www.washingtonpost.com/wp-dyn/content/article/2008/04/28/AR200804280250
9_pf.html
Emptying the Breadbasket
At Stephen Fleishman's busy Bethesda shop, the era of the 95-cent
bagel is coming to an end.
Breaking the dollar barrier "scares me," said the Bronx-born owner of
Bethesda Bagels. But with 100-pound bags of North Dakota flour now
above $50 -- more than double what they were a few months ago -- he
sees no alternative to a hefty increase in the price of his signature
product, a bagel made by hand in the back of the store.
"I've never seen anything like this in 20 years," he said. "It's a
nightmare."
The price of wheat scarcely changed in 20 years (over 30,
really), while the costs of growing wheat increased
considerably. THAT was a "nightmare." Now that wheat
prices are PARTIALLY catching up with the production costs,
the nightmare is easing up a little.
People who have been buying bagels at fairly stable prices
for 20 years have been enjoying the results of those static
wheat (and other commodity and energy) prices. Now they're
finally "paying up." BFD. Compared to the long term price
changes in general, food is still cheap in the U.S.
--
Robert Sturgeon
Alcohol, Tobacco & Firearms should be a convenience store, not a government agency.
http://www.vistech.net/users/rsturge/
.
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