To see what really happens, read the article on the following link:
http://www.ellinghuysen.com/news/articles/30611.shtml
It is supply and demand at work. It is too bad we don't have Japan and some of the Orient Market to ship to thanks to the USDA's goof ups. If we did, SH's little quote on the bottom of his page would be more appropriate for the circumstances. As it is, his little quote is out of context and useless:
"The phony who calls himself Econ 101 actually said, "prices can't go up unless the supplies come down".
http://www.ellinghuysen.com/news/articles/30611.shtml
It is supply and demand at work. It is too bad we don't have Japan and some of the Orient Market to ship to thanks to the USDA's goof ups. If we did, SH's little quote on the bottom of his page would be more appropriate for the circumstances. As it is, his little quote is out of context and useless:
"The phony who calls himself Econ 101 actually said, "prices can't go up unless the supplies come down".