Today’s report that the jobless rate fell in the U.S. was good news that the economy is reviving. Food demand is relatively inelastic, though there can be some changes in quality. If there are impacts, they should be inverse, meaning less money to pay for food should cause food prices to drop. The price of corn going to feed livestock in order to yield more expensive meat shows a greater correlation to unemployment than does wheat going to more direct food use.  The announcement of an increase in employment should be bullish for meat and livestock products, as well as other higher priced goods. However, policymakers have flooded the economy with so much extra currency that the impacts may be too subtle to be noticed.  Still...