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Central Missouri | Commodity prices don’t respond to inflation unless very few entities control the production of that commodity like fertilizer, or inflation causes the cost of production to be so high that it costs more to produce the commodity than the commodity is worth.
The first scenario doesn’t fit grains and the second one we are no where near in the grains. Beans at 7 and corn at 2.50 now that is a different story. | |
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