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A Historic Disruption To The World's Wheat Supply
Odd Lots
Retail Food Price Inflation
The cost of what a consumer buys in a grocery store for food, only about 15 % is represented by the cost of the raw commodity. Even if that doubles, you now you go from 15 to 30 cents. That's 15 cents on a dollar. But here in the us, you're not going to see your 50 % food price inflation because the price of wheat's gone 50%.
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