Saturday, January 08, 2011

Eating out of house and home

As if we weren't troubled enough by banks trying to force us out of our houses and homes (see prior post), now comes the news from Peter Boockvar over at the Big Picture, that we're about to eat ourselves out of house and home:
The CRB foodstuffs sub index last night rose to exactly match its record high reached in July ’08. The index dates back to 1981 and includes butter, cocoa, corn, hogs, lard, soybean oil, steers, sugar and wheat. Also, the Journal of Commerce index today is rising to a record high

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