On ABC NewsRadio this morning, I heard world prices for rice in 100 lbs, oil in barrels, soybeans in bushels, wheat in metric tonnes and soybean meal in short tons. I'm vaguely interested in the price of fish, and how it relates to my living expenses and world hunger, but I was none the wiser.
Apparently the source of this obfuscation is the Chicago Board of Trade.
We have a good-enough International System of Units, can we use it please folks? Let's quote the grains by mass (tonne), and oil by volume (L). Then we're in a better position to compare commodity and consumer prices.
Or is that the very point?
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