Quote:
Originally Posted by Firebot
The price change can easily be explained by soybean prices dropping like a rock, especially compared to 2022 prices. You will note the graph closely matches your experience in recent years with a lagging factor.
https://tradingeconomics.com/commodity/soybeans
That's why these type of examples are anecdotal. Soybeans currently would be a deflationary example on inflation numbers overall.
|
As an FYI - Sunrise is a western Canadian success story. Very interesting. Factory in Vancouver so in some ways less affected by some inflationary impacts such as cross border shipping and logistics/distribution.
https://sunrise-soya.com/our-story/