As I've mentioned. We're passing on 20%+ price increases from Asian suppliers of food ingredients currently to our manufacturing partners, who supply retailers and food service who then serve you. You won't even see this for months and months as contracts expire and prices can be reviewed down the line ultimately hitting the retailer outlets. The price is going up due to demand. Why is demand going up? Because there is more money out there to chase the material... Volumes aren't going down they're going crazy. Business is making more money than ever and all forecasts are up. I'm pumping high margins that aren't even being challenged because people just want product at any cost. That money will be spent on expansion and the capital will compete with the rest of the market for materials. Competition will force materials to cost more thus inflation. When freight and energy costs come down that may buffer a bit. I appreciate your analysis and I cannot match it. All I know what I see because I'm spending the company's money, but it doesn't sound like anything to do with above. When would you expect to see inflation come down and in which areas, and what areas matter most?