
.....is definitely on the rise. We went to Lee Lee Market, our local Asian grocery store where we do a lot of our shopping today. There is no shortage of rice here but since I last bought a bag of the Double Horse brand Thai jasmine rice that we use, the price has risen from $14.99 for a 25lb bag to $19.99. It was only a month or so ago that I last bought it. The reason there is no shortage here is that the marketplace has curtailed demand by increasing the price. That's OK for me because I can afford the increase but for someone for whom rice is a staple part of his diet, or corn, this is a serious problem.
The solution to this is to reverse the market-distorting government mandates and subsidies that are making it more attractive to turn food into a fuel that very few vehicles can use than it is to make sure people can afford to eat.