Monthly averaged wheat prices increased during the early 70s by almost 5 times in 18 months from its low to peak month.
It's increased by around 4 times in this cycle so far in a similar time.
All up is the Farm Products producer price index, charted up to Feb 08 compared to DJIA. Long term Farm's trend is half DJIA on log graph, half magnitude for Farm is full magnitude for DJIA.
Could go to 250 within the next few years, and possibly 300, food prices double.
