Healthy soil and sustainable growing

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

12 Month Gain In Imported Food Costs Biggest On Record And Other "Transitory" 
Observations
05/10/2011 09:06 -0400
http://www.zerohedge.com/article/12-month-gain-imported-food-costs-biggest-record-and-other-transitory-observations?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+

And once again inflation refuses to accept it is transitory. April Import 
Price Index was reported up 2.2%, following a revised 2.6% increase in March 
(previously +2.7%). Notably, the core of the action was in petroleum and food 
prices. From the release: "Foods, feeds, and beverages prices advanced 1.8 
percent in April after a 4.2 percent rise in March. The April increase was 
driven by a 22.8 percent jump in coffee prices....The price index for nonfuel 
industrial supplies and materials rose 1.7 percent in April following a 2.0 
percent rise the previous month. Both increases were led by higher  chemical 
and unfinished metals prices, which increased 2.4 percent and 1.7 percent, 
respectively, in April.  The rise in chemical prices was driven by a 6.6 
percent advance in plastics prices, and the largest contributors  to the rise 
in unfinished metals prices were prices for gold and other precious metals." 
In a nutshell, the 12-month advance in April was the largest year-over-year 
increase since an 11.2 percent gain between April 2009 and April 2010.
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anyone keeping up with grocery prices? or grow more of our own...