jon1 Posted February 8, 2015 Author Posted February 8, 2015 Good stuff Mike! Another factor in the cost is demand. With the ever increasing population here and agriculture not producing at maximum capability (unable to keep up with the demand) along with poor logistics will drive up the prices too... Link to comment Share on other sites More sharing options...
jon1 Posted February 8, 2015 Author Posted February 8, 2015 The ironic thing is, the Philippine peso is strong at the moment, which seems to mean the prices of all food items (and other items) go up. Yet the exchange rate most of us are getting has gone down. Double danger. Yes Dave that is always a danger here. Part of the reason to get some kind of locally generated income that helps offset the currency fluctuations and the local inflation. 1 Link to comment Share on other sites More sharing options...
Dave Hounddriver Posted February 8, 2015 Posted February 8, 2015 (edited) Another factor in the cost is demand. If that were true then the cost of that Marmite crap would be constantly going down (yuccchhh) :hystery: Edited February 8, 2015 by Dave Hounddriver 1 Link to comment Share on other sites More sharing options...
Jack Peterson Posted February 8, 2015 Posted February 8, 2015 Good stuff Mike! along with poor logistics will drive up the prices too... Poor Logistics is indeed a Key Factor here, It Costs damn near the same to send a 1/2 Emply Container/Wagon or Aircraft on the journey. So full loads are the way to utilize the Space and get Optimum Returns. JP :tiphat: 1 Link to comment Share on other sites More sharing options...
Jack Peterson Posted February 8, 2015 Posted February 8, 2015 If that were true then the cost of that Marmite crap would be constantly going down (yuccchhh) NAH! they need to maitain the Cost to cover the Lack of sales, in deed yuccchhhhhhh! Link to comment Share on other sites More sharing options...
RBM Posted February 8, 2015 Posted February 8, 2015 The ironic thing is, the Philippine peso is strong at the moment, which seems to mean the prices of all food items (and other items) go up. Yet the exchange rate most of us are getting has gone down. Double danger. The peso has gained against most major currencies of late. Particularly the Aussi and Kiwi, are items imported from these countries reducing, no, one only has to look at the UHT milk prices. 1 Link to comment Share on other sites More sharing options...
sjp52 Posted February 8, 2015 Posted February 8, 2015 what food prices do you mean? local made? imported? items that are already here or on its way . will still have the higher transportation costs included when the fuel cost has dropped and stays stable maybe You will see a real drop in the cost. like AIRFARES, the cost of fuel has dropped YET the FARES have stayed same, very little if any drop. why? of what i read, is to increase company profit and for the stockholders. Also the demand for tickets for Flights has not decreased so no reason for airlines to drop prices 1 Link to comment Share on other sites More sharing options...
MacBubba Posted February 8, 2015 Posted February 8, 2015 Yes I have some very good Baraco from Batangas. That is good stuff. When we finally make the move, that will be a staple in our pantry. Sorry for sidetracking...back to food prices. We see the same thing here in Toronto. Oil goes up, prices follow. Oil goes down, prices not so much. Link to comment Share on other sites More sharing options...
Jack Peterson Posted February 8, 2015 Posted February 8, 2015 Also the demand for tickets for Flights has not decreased so no reason for airlines to drop prices The One Thing that they should ease up on is the Fuel Surcharge that was Introduced when the Oil was at a High, now it is at a low, this should be Removed. :unsure: JP Link to comment Share on other sites More sharing options...
Forum Support scott h Posted February 8, 2015 Forum Support Posted February 8, 2015 Oil goes down, prices not so much. I once asked my Uncle, who owned a farm in South Dakota, about this type of thing. What he said made "some" sense. He plowed his fields in April, planted in May, (that's when he bought his fuel). He harvests in September/October. If fuel prices drop in November he still needs to charge April/May "fuel" prices in order to make a profit. 3 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now