HFE, on PPI:
“.. Well… this is a kick in the teeth for anyone who thought that tariffs would not impact domestic prices in the United States economy.
“.. will not be a long journey for producers' prices to translate into consumer prices.”
Looks like Broccoli, Lettuce, and Spinach are the drivers of the 38.9% one-month increase in Fresh and Dry Vegetables. Weather? Supply-Demand imbalance? Labor prices?
I believe about 95% of US consumption is of US-grown crops.
Export issues in the trade war? Hoarding?
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Crops not getting harvested?
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The local Wendy’s claims their lettuce supplier had “weather-related issues” so they can’t add lettuce to anything.
