I’ve been thinking about this as well. When you consider that fuel and the cost of raw materials is down at least 50% since last summer….why isnt food less money? Well, probably because demand has not fallen much. Check out lobster or high-end beef cuts. They’ve probably come down quite a bit as there are plenty of less expensive subsitutions.
But here’s a thought…what must the profit margin for large food processors be now that their fuel and raw materials are cheap yet they’ve not lowered their prices???? Or perhaps certain super market chains?
