Oil prices are way up. So are prices for cotton, wheat, steel, fertilizer, chocolate, and on and on.
All over the world, commodity prices are rising. And while the federal government says that isn't driving worrisome inflation in the U.S., it sure does feel like it for businesses — especially small business — that use a lot of those commodities.
Not all companies are suffering, of course. It depends on which commodities a company uses and how much. A lawyer's office won't feel much of anything, while a trucking company will see real trouble.
Fruhauf Uniforms, 800 E. Gilbert, which makes band uniforms, feels the effects mostly in the cost of shipping.
"It makes it really hard for manufacturers," Richard Fruhauf said.
Companies have gotten better about buying, producing and shipping goods quickly so they don't get stuck taking an order at one price and then producing it later at a higher price.
Darlene Cornfield, co-owner of Carrol's Delivery, said the rising price of fuel is making a dire situation worse for her business.
Read the complete story at kansas.com