BAL Archives - Inflation Watch https://inflationwatch.drduru.com/tag/bal/ Watching for inflation here, there and everywhere Tue, 29 Mar 2011 09:08:31 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://i0.wp.com/inflationwatch.drduru.com/wp-content/uploads/2025/07/cropped-new-hp-money-printing-plates.png-1.webp?fit=32%2C32&ssl=1 BAL Archives - Inflation Watch https://inflationwatch.drduru.com/tag/bal/ 32 32 246324047 High prices for cotton could soon add to the squeeze on food prices https://inflationwatch.drduru.com/high-prices-for-cotton-could-soon-add-to-the-squeeze-on-food-prices/?utm_source=rss&utm_medium=rss&utm_campaign=high-prices-for-cotton-could-soon-add-to-the-squeeze-on-food-prices Tue, 29 Mar 2011 09:08:31 +0000 http://inflationwatch.wordpress.com/?p=1616 In “Amber Waves to Ivory Bolls“, the NY Times describes the general rush of farmers to plant fields of cotton in the U.S., Brazil, and other countries to take advantage of the high prices of cotton despite the high prices of other food crops. This wave could place further upward pressure on the prices of […]

The post High prices for cotton could soon add to the squeeze on food prices appeared first on Inflation Watch.

]]> In “Amber Waves to Ivory Bolls“, the NY Times describes the general rush of farmers to plant fields of cotton in the U.S., Brazil, and other countries to take advantage of the high prices of cotton despite the high prices of other food crops. This wave could place further upward pressure on the prices of food as clothing makers win the battle for acreage.

The NYT includes a particularly poignant quote from Webb Wallace, executive director of the Cotton and Grain Producers of the Lower Rio Grande Valley:

“It’s good for the farmer, but from a humanitarian perspective it’s kind of scary…Those people in poor countries that have a hard time affording food, they’re going to be even less able to afford it now.”

It could be another year of discontent for those people whose budgets are largely consumed by the costs of food.

The cotton ETN, BAL, cotninues to soar
The cotton ETN, BAL, cotninues to soar

The post High prices for cotton could soon add to the squeeze on food prices appeared first on Inflation Watch.

]]> 1616 High cotton prices drive up linen and towel costs https://inflationwatch.drduru.com/linen-towels-cost/?utm_source=rss&utm_medium=rss&utm_campaign=linen-towels-cost Thu, 24 Feb 2011 08:36:58 +0000 http://inflationwatch.wordpress.com/?p=1490 In “As Cotton Prices Rise, So May the Cost of Hotel Rooms“, CNBC cites the soaring costs of linens and towels as a potential contributor to higher hotel prices. I was most fascinated with the incredible price hikes since last summer. Prices are from 2010 to 2011 as paid by hotels. Queen-sized sheets: $72/dozen to […]

The post High cotton prices drive up linen and towel costs appeared first on Inflation Watch.

]]> In “As Cotton Prices Rise, So May the Cost of Hotel Rooms“, CNBC cites the soaring costs of linens and towels as a potential contributor to higher hotel prices. I was most fascinated with the incredible price hikes since last summer.

Prices are from 2010 to 2011 as paid by hotels.

  • Queen-sized sheets: $72/dozen to $116/dozen (+61%)
  • Pillows: $8.80 to $9.56 (+9%)
  • Bath towels: $41/dozen to $64/dozen (+56%)

Cotton prices have been the main driver for skyrocketing costs.

Using BAL as an example, cotton has risen at least 162% since the end of 2010.
Using BAL as an example, cotton has risen at least 162% since the end of 2010.

http://plus.cnbc.com/rssvideosearch/action/player/id/1811372910/code/cnbcplayershare

The post High cotton prices drive up linen and towel costs appeared first on Inflation Watch.

]]> 1490