Texas Tech University

Cheap crops, cheap groceries? Not exactly


May 16, 2016

Kitco-Farmers don't need to be reminded of their troubled market.

"A lot of people go, 'Oh, commodity prices are low, so food prices must be low,' but the problem with that logic is the agricultural commodity is such a small component of the final product, it has little effect on the final food or fiber price," said Darren Hudson , a Texas Tech agricultural economist.

Read the story here.