The LA Times asks, "With the the cost of ingredients, gas prices, and interest rates dropping, why are food manufacturers continuing to hike prices and shrink products?"
The chart on the right gives you an indication about how much each specific commodity dropped. The reason being given to the LA Times by the manufacturers is that the futures contracts that they signed locked them into high prices also. Maybe that is the case. But this sitation reminds me about another finding from the Consumerist, that price gouging in other commodities occurs when the prices go down.
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