08, 2005 3:25 PM
To: Mercedes mailing list
Subject: RE: [MBZ] OT price of corn flakes...interesting theory...
Royce,
I agree with your example entirely...the speculation
(pure speculation) is that there might be a reason
that the end product producers (in this case oil
companies/refineries) are
Royce,
I agree with your example entirely...the speculation
(pure speculation) is that there might be a reason
that the end product producers (in this case oil
companies/refineries) are charging more for diesel
(corn flakes) so that people won't buy diesel vehicles
(corn flaskes) and will by gas (
Ahhh.. no, that's not how it works. The price of food is remarkably
cheap in NA.
2 years ago the price of corn was about twice what is now. Believe me,
nothing makes sense when it comes to commodities pricing. At $20.00 per acre
of net profit farming's not very attractive.
Exactly my point...the price of corn is pretty much set by the commodities
markets. The price of corn flakes is determined by whatever the market will
bear based on the value added by the people between the producers and the
consumers. Is it "fair" or "right"? I don't know. If you artificially
