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> Us on the farm saw the price of food we were selling double (or even more) from the price norm early in the crisis Because conglomerates (ex. Tyson Foods) we

> Us on the farm saw the price of food we were selling double (or even more) from the price norm early in the crisis Because conglomerates (ex. Tyson Foods) were upping their prices as shown by gross margins of 10% increasing to 15% [1]. > but it took another year or so before the consumers of that food started complaining about how much grocery stores were charging. Things happen very slowly. Uh. More like immediately people complained; just throw a max date on a web search [2] and you'll find them readily. I can't speak to your own personal anecdotes. But the price of eggs has been talked about ad nauseam since start of covid. [2]: https://www.google.com/search?q=rising+food+prices&tbs=cdr%3A1%2Ccd_min%3A%2Ccd_max%3A11%2F4%2F2021 https://www.google.com/search?q=rising+food+prices&tbs=cdr%3... [1]: https://www.macrotrends.net/stocks/charts/TSN/tyson-foods/gross-margin https://www.macrotrends.net/stocks/charts/TSN/tyson-foods/gr...

randomdata 2y ago
> Uh. More like immediately people complained; Did they? You seem to only be able to go back to 2021, whereas I was seeing substantial gains in the price of food I was selling on the farm as early as 2019, thanks to another devastating (albeit less so) crop failure. It is not like the price was $x one day and then $x*2 the next. It ramped up over time. Just like the price of groceries did, albeit on a later timeline.
- lesuorac 2y ago
  I mean all you have to do is change the 2021 to 2020 [1] and you immediately get an article talking about 4.8% increase in May 2020 [2]. [1]: https://www.google.com/search?q=rising+food+prices&tbs=cdr%3A1%2Ccd_min%3A%2Ccd_max%3A11%2F4%2F2020 https://www.google.com/search?q=rising+food+prices&tbs=cdr%3... [2]: https://www.cbpp.org/blog/rising-food-prices-means-rising-need-for-aid https://www.cbpp.org/blog/rising-food-prices-means-rising-ne...
  - randomdata 2y ago
    Right, which is in line with the approximately one year lag I spoke of. Thanks for validating my earlier comment.
    - deleted 2y ago
      [deleted]

randomdata 2y ago

> Uh. More like immediately people complained; Did they? You seem to only be able to go back to 2021, whereas I was seeing substantial gains in the price of food I was selling on the farm as early as 2019, thanks to another devastating (albeit less so) crop failure. It is not like the price was $x one day and then $x*2 the next. It ramped up over time. Just like the price of groceries did, albeit on a later timeline.

lesuorac 2y ago
I mean all you have to do is change the 2021 to 2020 [1] and you immediately get an article talking about 4.8% increase in May 2020 [2]. [1]: https://www.google.com/search?q=rising+food+prices&tbs=cdr%3A1%2Ccd_min%3A%2Ccd_max%3A11%2F4%2F2020 https://www.google.com/search?q=rising+food+prices&tbs=cdr%3... [2]: https://www.cbpp.org/blog/rising-food-prices-means-rising-need-for-aid https://www.cbpp.org/blog/rising-food-prices-means-rising-ne...
- randomdata 2y ago
  Right, which is in line with the approximately one year lag I spoke of. Thanks for validating my earlier comment.
  - deleted 2y ago
    [deleted]