Time to switch to a purely carnivorous diet.
The Wall Street Journal writes about projected rising vegetable prices because of a three-year long drought in California.
Forecast rises
The Fed tried to ignore rises in inflation due to food and energy but it tends to see what it wants to see. Right now, they want to see inflation so even a drought-induced rise in prices will be an excuse to hike rates.
At the extreme margins, it’s dollar positive but in trading terms, it’s negligible.
