Healthy soil and sustainable growing

["Tradingpost" <tradingpost@lobo.net>]

Through the magic of compounding, if the annual inflation rate is 5% then
what costs $100 today will cost $162.89 ten years from now. Will your
income go up that much? How much has it gone up (or down) over the last ten
years?

paul tradingpost@lobo.net
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Food-price inflation may fall to 4.5 percent, USDA says
http://www.star-telegram.com/business/story/1110426.html

Food-price inflation in 2009 may fall to 4.5 percent as lower dairy costs
give consumers relief from this year’s price gains, the highest in 28
years, the Agriculture Department said.

The forecast for inflation, estimated as high as 6 percent this year, is
falling as commodity prices drop from records set this year, the USDA said.

The price of crude oil, a major cost in transportation, has plunged 73
percent from its July peak. Corn, wheat and soybeans are all at least 46
percent below their all-time highs in Chicago.

Prices for dairy products, which rose as much as 9 percent this year, may
fall as much as 4 percent next year, the USDA said.

Costs for fats and cooking oils, which have climbed up to 14 percent in
2008, may only rise 3 to 4 percent in 2009.

— Bloomberg News