Letter Re: Wheat Price Inflation and The Importance of Buying in Bulk Locally

Hi Jim:

Last year I bought some wheat from Walton Feed: about $8 for a 50 lb. bag. Called then yesterday: $15.50 for the same 50 lb. bag: But inflation is running at only 4% right? Luckily I found an organic grower of wheat an hour away who will sell for $800/ton and avoid the $500+ shipping fee. Not many wheat growers in Massachusetts. It pays to shop locally. – John