this post was submitted on 13 May 2026
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you're right, i was doing some conversions because it's listed in cents (1,538.70 cents per kilo) and fucked myself up. to be fair, tons of ag commodities are crazy cheap.
federal reserve says $15.38/Kg. so $15 for a 100% fine wool thick, designer sweater goes to the shepherd. last year at this time it would be ~$9.84 for the same. wool is weird. makes me want to look up cotton, because i bet its fucked.
https://fred.stlouisfed.org/series/PWOOLFUSDM