Wednesday, March 30, 2011

This Year's Prices

Cracked corn cost me $9.27 for 50 pounds this year, or up 45% from last year. Soy was $12.47 for 50 pounds, or up 19%.

Last year's prices were fairly normal. Corn's price is rising due to ethanol production, plus the fact that corn didn't do well in some areas of the country last year. Additionally, grain exports are increasing across the board as many areas in the world had poor production.

Estimates for this year's usage in the lawn and gardens is down from last year, so the amount I spend should be approximately the same or slightly less.