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As a quick data point, corn was $1.32/bu. in 1970. Adjusted for inflation, that would be close to $8 today. Current price is $5.16. That does indicate a downwar
by randomdata 13y ago
As a quick data point, corn was $1.32/bu. in 1970. Adjusted for inflation, that would be close to $8 today. Current price is $5.16. That does indicate a downward trend in prices, and I expect you will see similar trends for other food commodities.