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Old 04-07-2011, 04:42 AM
  #11  
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Originally Posted by jaciqltznok
just wait, more is coming....I nearly died when I saw the wholesale cost of batting today....wow...

the average twin sized quilt will soon cost a bare min. of $300 to make....

Geeze Jacquie, what a way to start the day....but it is what it is and now I'll have to order up a bunch of my Quilters Dream batting as it hasn't ever been inexpensive to begin with. Better get in a good stock of toilet paper also. :-D
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Old 04-07-2011, 04:46 AM
  #12  
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Yikes. I almost hate going in any store anymore, you know things will be high!
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Old 04-07-2011, 05:53 AM
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We're just going to have to get more creative :(
Glad I have stuff to work with for awhile. Maybe by the time I need more I'll have won the lottery lol :D
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Old 04-07-2011, 05:57 AM
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Originally Posted by Favorite Fabrics
When our sales rep came through earlier this week, she told us that she thinks that as the price goes up, people will still quilt, just make smaller projects. She said that in Europe, where costs have been high for a while, they're more likely to make items such as wall quilts, rather than full-size bed quilts.
I can not imagine just putting aside my much loved hobby. I do think you are right in that smaller quilts will be made. I will take on projects that take longer, And we will still find a way to treat ourselves to the one ( maybe two, ,more for some) fabric we just can not walk away from.
On the up side .. the Wall Street journal reported that the amount of cotton planted in the US this year has risen almost 50 percent. It will take awhile to work through the processes before its ever seen influenced in finished goods pricing.
On the down side they are predicting that the lowest price the farmers will see is $1.00 per pound this is above the the pricing for cotton in the last five years by 15- 25% , and we do not know the effects some weather issues seen in China already this year. February US cotton price was $2.28. March average US price had not been posted as of yesterday.
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Old 04-07-2011, 08:17 AM
  #15  
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I bet the farmers will be happy to receive that (increased) price!

There is some concern that the acreage lost to corn and wheat production will have an adverse effect on food prices worldwide though.

Goes to show that you just can't have it all. Well, not all at the same time! :|
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Old 04-07-2011, 08:25 AM
  #16  
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speaking of batting. I guess I will save that old blanket and use it for batting!
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Old 04-07-2011, 08:29 AM
  #17  
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Originally Posted by justlooking
Prices are going up everywhere, except salaries.
Since mid-2007 federal min wage has gone up over 40% and our state added another $1 --- so that's an increase of 60% in just a couple of years.
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Old 04-07-2011, 09:12 AM
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Originally Posted by Favorite Fabrics
I bet the farmers will be happy to receive that (increased) price!

There is some concern that the acreage lost to corn and wheat production will have an adverse effect on food prices worldwide though.

Goes to show that you just can't have it all. Well, not all at the same time! :|
You are exactly correct , the out look for food prices is ... not good.
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Old 04-07-2011, 09:16 AM
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Originally Posted by shnnn
Originally Posted by justlooking
Prices are going up everywhere, except salaries.
Since mid-2007 federal min wage has gone up over 40% and our state added another $1 --- so that's an increase of 60% in just a couple of years.
And even so it is still hard to live on a single minimum-wage job.
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Old 04-07-2011, 09:55 AM
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Originally Posted by Favorite Fabrics
Originally Posted by shnnn
Originally Posted by justlooking
Prices are going up everywhere, except salaries.
Since mid-2007 federal min wage has gone up over 40% and our state added another $1 --- so that's an increase of 60% in just a couple of years.
And even so it is still hard to live on a single minimum-wage job.
That's how it always works out. Minimum wage rises and helps out a bit until the cost of goods catches up to it -- then those who make min wage are back where they started and the rest basically suffered a cut in pay.
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