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Storm Trooper

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Storm Trooper last won the day on December 24 2021

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  1. Storm Trooper

    12:03 AM Sat. 06 Feb.

    Working while Bloomberg on cable TV keeps me company.

    Hopefully my meat shop would reverse it's loss last month.  

    1. Angel

      Angel

      I do not understand why the prices of pork and other farm products went up. I did not do any research. But shouldn't the law of supply and demand take effect? Or was this price increase artificial?

    2. Storm Trooper

      Storm Trooper

      I guess it depends on who you get in touch with regarding the causes of the price spike.

      From communicating with multiple suppliers, it's a supply issue; thus the prices have gone up.  

      African Swine Fever (ASF) decimated the pork population in Luzon.  With ASF not being under control, hog raisers are hesitant to repopulate.  Prices shot up.  People then shifted to chicken as a source of protein.  That strained supplies; thus, prices shot up as well.

      We live in ... interesting ... times.  

    3. Angel

      Angel

      Thanks for the info

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