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"Get Ready For Higher Food Prices" Goes Mainstream
While nothing new to Zero Hedge readers, the realization that everyone's purchasing power is about to be yanked from underneath them has gone mainstream. Omaha.com has just come out with a headline that leaves little to the imagination: "Get ready for higher food prices." The issue is that no matter how Chairsatan Rudolf Vissarionovich von Bernankestein spins this to whatever congressional minions he is supposed to be lying to at any given moment, the undisputed truth is that consumers have just gotten that much poorer, as prices of staples surge, and as a result capital available for discretionary trinkets plunges (here's looking at you Guitar Hero which has just been discontinued due to lack of interest... Coming to an Apple store near you in 3-5 years). Because no matter what economic voodoo Bernanke, concocts there is little he can do to change the laws of mathematics. So for those who wish to stock up on staples in advance of a price surge (thereby bringing the price jump forward), and still haven't done so, here is the "mainstream" explanation for why now is a very good time to start doing so.
From Omaha.com
Shoppers could see higher grocery bills as early as three months from now, though most of the impact won't be felt for another six months, said Scott Irwin, an agricultural economics professor at the University of Illinois.
Chicken prices are among the first to rise because the bird's life span is so short that higher feed costs get factored in quickly, he said. Price hikes for hogs take about a year and cattle two years. Prices on packaged foods take six or seven months to rise.
Tyson Foods, the nation's biggest meat company, said chicken, beef and pork prices are expect to rise this year, if only slightly, as producers seek to cover costs.
ConAgra Foods Inc. — the Omaha-based producer of brands including Healthy Choice, Banquet and Chef Boyardee — is raising prices on some of its products because of higher costs for corn and fuel, said Teresa Paulsen, a spokeswoman.
The price rally has bolstered the financial fitness of America's crop and livestock operators over the past eight months. Midwestern cropland is yielding record values. Rural banks and equipment makers report record profits.
“We're seeing record income levels for the ag community and ... wealth accumulation that cannot be denied,” said Bruce Johnson, an agricultural economist at the University of Nebraska-Lincoln. “We've moved into a whole new level.”
Said Bruce Babcock, an agricultural economist at Iowa State University: “Farmers are going to be earning quite a bit more money.”
Jason Henderson, Omaha branch executive for the Federal Reserve Bank of Kansas City, said farmers are buying more tractors, pickup trucks, grain bins and land.
“And they also come to Omaha to shop and go to events,” he said.
But it hasn't been simply a spending spree, Henderson said. Farmers are paying down debt and fewer are seeking loan renewals or extensions.
“It's a good time to be an ag banker,” said Brian Esch, president of McCook National Bank in southwest Nebraska. “But I have concerns over what this means for consumers. If one guy is selling at a record profit, someone is buying at a record level.”
The only benefit: very soon farmers, least they produce something, will be making more than bankers. Which of course means that Wall Street will promptly vacate the skyscrapered corridors of the financial district and start pushing bales of straw for a living. Just as Marc Rogers has been predicting for over a year now.
The agricultural economies of Nebraska and Iowa will continue to grow into greater prominence as global food providers, economists said.
Johnson said rising population numbers globally and greater demand in major developing countries for higher-protein diets have strengthened the Midlands' agricultural market.
Farm cash receipts — led by corn and other crops — doubled in Nebraska from 2000 through 2010. Crop receipts alone ended the decade in the $9 billion range, up from a 2000 total of $3 billion.
Will Ben Bernanke's disastrous monetary policy be the greatest thing to happen to America's labor reallocation since Blythe Masters discovered CDS?
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EBT FTW
Just wait till China starts using their reserves to purchase U.S. agriculture. Get rdy for crazy prices. Interestingly, this just makes the situation worse for the U.S. trying to balance the budget with 44 million people on food stamps.
BTW, for any of you who like Hormel Chili. Kroger is doing a sale of buy 10 for 79cents each, then combine that with coupons from hormel.com to get each can for about 25 cents. Cant beat that hehe.
They've been buying everything they can get their hands on for months now.
went to buy iceberg lettuce at the local mom and pop market, usually it's 99c a head, yesterday it was $2.49 each. 16oz Yougurt prices up 30c in the past 2 weeks. But no worries, uncle Bennie can stop inflation in 15 minutes. 100%.
Jeez. That is ridiculous to have to pay $2.49 for a head of lettuce. Considering the lack of nutrition from lettuce, I'll probably have to cut that food out of my diet lol.
No inflation it's just out of season. It'll probably be 1.50 next summer.
Actually lettuce is highly nutritional. It just not high in calories.
pods
the "nutrition" in lettuce is in the dark green varietals - iceberg has the lowest level of nutrients, best to spend your green fiat on romaine. . .
http://nutrition.about.com/od/askyournutritionist/f/lettuce_info.htm
in general, the darker the color, any color, the more nutitious and with greens, that includes protein. If, I mean when, TSHTF, you can always eat dandellions and stinging nettles, both blow most greens out of the nutritional waters
You hit save, and then editied didn't you? Cause all I got was "the darker the color, any color, the more nutritious"
I was replying to ask if this held true with a woman's nether regions, when I saw your whole comment.
we see what we want to see (or what we don't see enough of) :/
Effects of the freeze in Fl two months ago, and a freeze in Northern Mexico last week. Stock up on fresh veggies, there could be a real shortage for a couple of months.
I flew over a Hormel plant in Beloit Wisconsin in a J3, the fumes nearly killed the engine, and the two drivers. Just say no !
lol. I know the quality of those canned chilis is not that good. The only reason I pointed out the deal was for people who are needing to stock up a bit on some low priced canned food. Though with the amount of sodium in those canned foods you will probably suffer from a heart attack if you relied on them for sustanance.
Cheap vodka has been clinically proven to reduce sodium levels. You can buy it with the money you save on cheap food !
Time to buy corn syrup and stainless steel tubing.
Chili and pinto beans will go a long long way towards filling you up on protein. The fumes on the other hand .... light a match and go boom in the outhouse.
DBA = 35
I picked up doxens of cans of that chili for 50 cents a can a week or two ago. It's really not what it used to be... I can't believe the (non-food) stuff I found in a few cans of it. I suppose it's better than nothing, though.
So do you heat it up before you throw it against the back of the toilet bowl, or just open it and do it?
Just kidding. I once admitted on a forum that I bought and ate Slim Jims on occasion.
Most replies were about not feeding those to stray dogs.
pods
cheap canned "meat" products have degraded ingredients over time, particularly with the "meat". . .
"mechanically recovered meat" - aka pet food.
http://news.bbc.co.uk/2/hi/health/1482140.stm
No food deals with China.
We do swaps for RARE EARTHS, or you starve.
Those bstds just tightened up the regs, and rules, sales on the RE's, food is a great equalizer.
Agree 100%. Never happen though, it just seems too darn mean.
Big changes in lifestyle coming to America. Feeling fortunate to have stores put aside and preparing home and 'stead' to be self sufficient. Good article keep up the good work. Try six free meals of gourmet dehydrated food. SixFreeMeals.com
No worries, the ChairSatan assures us HE sees no inflation, so obviously there is none. Party on Fraudmerica.
Any truth to the rumour they are going to recast all US government financials in the form of bushels?
QEIII will not be stated as 8.5 billion dollars per day but as 122 bushels of dollars. The actual denomination is not specified.
Or wheelbarrows of POMO per day, who knows?
Progresso soup on sale 2 for 1 at my local grocery store. Time to stock up (again) before a can of chicken noodle moves above $2.00.
Oops, too late!
Soup kitchens are going out of business nationwide!
2 for 1 specials at $4.50/can. WOW 2 for 1!... Wait, that's 15% above the normal price.
Actually where I shop it's $1.89 per can. You must be using Benbabwe dollars.
He is smiling because he just collected all that loot from selling a 1/4 can of soup which he gets to deliver next Thursday.
Nah, he's smiling because his little ragged ass is gonna make a killing on eGay!
http://www.dailymotion.com/video/x2oiu4_big-tymers-feat-lil-wayne-juvenile_music
that's some serious cash... oh wait, those zeros don't mean anything
the kids know what the guys on wall street can't seem to grasp: it is worthless paper, it is an empty concept, but it's just fun to hold a big pile of it.
Not the soup I stored up on...
http://www.meijer.com/s/healthy-choice-soup-split-pea-and-ham-4-cans-15-...
;)
my hedge on this "news" is to go long SWHC and RGR :-)
CD- Get your soup at $1.89 while you can- my soup is $6 per can!
Doesn't anybody know how much soup you can make and can yourself for $10.00? My canner stays on the stove damn near full time in the winter. Make a pot of soup, eat supper, pour the rest in pint jars and turn on the burner for an hour. Done. And it's a helluva lot better than the shit you get in the store.
EDIT*** Sorry, I should have read one post further down before I jumped in.
Can your own homemade soup. Easy and cheap(comparatively).
Yes. And if you care about yourself and your family use organic or at least non-GMO ingredients. It’s still much more economical than canned Frankenfoods.
All you need is a hatchet, tree-stump, two nails and a willing chicken.
------------ | < hatchet (qty 1)
| | |
| | |
----- V
/ \ < nails (qty 2)
/{..}\ < chicken (qty 1)
/ v \
---------------- < tree stump (qty 1)
| |
| |
| |
| |
----------------
Cut a hole in a corner of a burlap feedsack and put the head through that then hang the bag...bruises the meat less.
If people REALLY prepared their own meat...we'd better appreciate the low-low prices we've been paying for years for convenient plastic-wrapped, pre-sliced, skinless/boneless chicken. Just burning off the pinfeathers is enough to make me retch.
Dude! Are you really going to cut the head off that chicken??? Yes. I am hungry.
Most Americans have absolutely no clue how good our lives are...
I thought chicken came from the sea...
YOU EAT SOUP FROM A CAN??!!
HAHAHAHAHAHAH!!!
No soup for you!
Cog, What chain??
If I tell you then in effect I'm telling you where I live since it is a very small local store chain. And I wish to avoid disclosing my Cheney like secure location. :>)
However I'm sure the CIA/NSA/DIA (and the Egyptian secret service) know exactly where I live. :>(
Yep. No reason to feed the beast by giving exact coordinates.
So would consumers be less harmed by tight money right now? Would the unemployment rate be better and the unemployed suffer less if there were no qe and we got a bout of deflation instead? Maybe td you could do an article on what you would do right now if you were elected chairsatan.
Press the reset button...
AKA WWIII. If there is anything left of us in 100 years, I'll be curious what historians reference as the start of WWIII. I think you could make a case for going back to the first Gulf War... though I'm guessing 9/11 / Afghanistan / Iraq would be the easier call. Of course it all depends on who wins the war, I suppose.
For the past few months I have been pondering the outcome of the whole world. I have concluded that "pushing the reset button" might be easier than allowing things to deteriorate into total chaos. There are only two outcomes. Pick one.
My money is the ME Arabs/Persians attack Israel.
as a self-confessed Zionist DosZ, by "my money" do you have an investment in Israel?
roth$child$/$ynagogue of $atan win every war.
http://www.iamthewitness.com/
Ultimately, congress and the electorate is responsible...
Yes, press the reset button.
Congress can stop this madness very easily and immediately without revolution, mayhem or breaking any laws.
They can authorize our mints to immediately start striking and circulating intrinsically valuable coinage made from any / all precious metals available and have the executive instruct the treasury to begin issuing US notes fully redeemable in said currency.
I personally could care less about auditing the fed. To me, it's like cutting open a tumor to see what's in it. If someone wants to dissect the sucker after the fact, that's fine. Conduct a post mortem. The critical thing is to stop the flow of nutrients to it NOW!
circulating intrinsically valuable coinage
What about Bernanke Bucks?
Take the Chairstain, render him as molecules, add some cement, run it through rollers and then a punch press and you would free up a lot of valuable copper, tin, and zinc.
It's quite unfortunate that "auditing the Fed" is tantamount to sparking WWIII. It would expose everything to the whole world. Forget Atlantis- the real secrets are hidden deep within the empty vaults of FtKnox and the files downtown.
Do you actually believe in yo heart o hearts, the American people, (much less the world) would get access to the findings.
Thats a real optimistic take on it.
There is nothing Uncle Ben can do. Ultimately, congress and the electorate is responsible. Rates should have been ticking up in line with any stimulus in any form (cash for clunkers, QE, tax breaks, etc.) There is a REAL cost for creating capital. A lesson we are all about to re-learn.
There is nothing that can be done. Deflationary depression or inflationary depression... this can has been kicked down the road so many times that it doesn't really make a lot of difference at this point. What is going to suck about this inflationary depression... we'll still get deflation in the things we own... while getting inflation in the things we need (for some period of time, until it all collapses).
This is where hyperinflation usually comes from. Governments are FORCED to print to ensure that people don't starve to death. This destroys most or all of the capital in a given nation very quickly. We already have very little left.
Dp
Then cash would be king and pm's would.go down with tight money. You pm boyz actually need qe to continue to infinity if you want pm's to reign supreme and the fed ended. It takes an inflationary collapse to repudiate fiat. Tight money and deflation make fiat more valuable. That is the only way to end the fed. Loose money to infinity. Support the bernank all you pm boyz! If you know what is best for your pm portfolio!
Not hardly, PM's would go exponential in a Hyperinflationary event.
Hungry trillionairezzz on Wall Street
Nothing new here. I see folks bartering already. Shadow banking for wall street and black markets for everyone else.
Glad I sold that gold 4 months ago and bought that farm land. People renting plots already for gardens. Get your peasants lined up now and hedge accordingly.
I am organizing a community (permaculture) garden on a 100 by 75 yard open space in my development. In the last few months, I have been surprised by the number of people who have approached. When I ask them why, they say stuff about organic food and then usually add something like, "and, just in case."
Gardening is fun. Get a patio tom variety of tomato and grow it in a pot of well drained but water absorbing soil. Five hours of sunlight and shield the base from heat and mulch it. You can practice small gardening with an apartment. What you learn will help you do a real garden someday, plus why have ornamentals? A patio tom and a sport pepper plant are great ornamentals and you are 2/3 the way to pico de gallo.
I have a friend who plants tomatoes of assorted varieties in a bale of straw. He waters every day and adds plenty of Miracle Grow tomato food since straw is pretty sterile. He grows the biggest and best goddam maters I've ever seen. He lets them trail around on the deck and they look wonderful. At the end of the season he just sets the old bale out on the curb for trash day. You gotta be able to keep them moist since the straw will dry out fast.
layer or lasagna (sp?) gardening is the way to go. It mimics nature, conserves water, minimizes fertilizer and breaks down to great soil
This answers the question to what the "new normal" will be:
*sky high food price
*global riots/social unrest
*record bonuses for bankers/Wall Street scum
*lower "offi-shill" gubmint unemployment figures, while rising real unemployment figures
*record amounts of people on food stamp programs
*declining home values
*inflationary pressures cause cost of living to increase beyond means
*more corruption, greed and every vile thing you can imagine
This is the new normal. Just what everyone wanted.
well at least you don't have to pay your mortgages anymore
wait, did they fix that yet? Is there some kind of number you can call?
That will come soon...
According to Mr. Gordon Gekko, 'Greed is Good', not something vile.
Competition is good but not when the U.S. Government competes against its constituents to debase the currency and cover banker losses.
So-called greed and selfishness are good (in that they lead one to be more economically active) when pursued by individuals as individuals. When some individuals use the power of the government to satisfy their own desires at the expense of the citizens then you have a problem.
forgot Monsanto awarded new patents on genetically modified food while three more former executives are placed within the FDA
Thanks Davey, I completely missed that swift and healthy push towards fascism.
hey, but the infertility will keep the population down
Yes. When talking about food shortages/price increases you have to also look at how food is being altered or weaponized- All part of the same program.
++ for using "weaponized" when referencing GMO-fud. . .
http://farmwars.info/
Thanks for the post. I've been trying to decide which issue scares the crap out of me more, Peak Oil or GMO food. HOw many acres are growing this shit? How many crops can get infected? Other than infertility, blindness, and cancer, what are the risks, how many studies have we done on this?
As the evil concentrates, its effect blossoms.
This falls into the "greed corruption vile thing" category
Certainly some of the scariest stuff out there.
Also forgot the HC bill which affectively allows them to play God.
Sen Rangel on passage of the bill... "It took us a long time to control the people."
as mentioned yesterday i'm guilty as charged. all 3 freezers are full of staples. so i guess i'm partly responsible for pulling demand forward. tell ya what though. the pictures of those starving children "over there" is a killer. there was one i saw this week of a child hunched over looking for crums, emaciated, with a buzzard in the background.
..and I'll bet his mother is pregnant or soon going to be once again.
These breeders don't have the sense of animals.
Gol darn horny negros! Why can't they just keep their pants on? Time to stop feedin' 'em.
..and I'll bet his mother is pregnant or soon going to be once again. These breeders don't have the sense of animals.
Let's all imagine bad things about people we've never met and have a good laugh. What fun we'll have!
..and I'll bet his mother is pregnant or soon going to be once again. These breeders don't have the sense of animals.
Let's all imagine bad things about people we've never met and have a good laugh. What fun we'll have!
Nature makes no promises regarding our survival. Look around, there are obese kids sitting next to malnourished kids in our own public schools. Time for people to look inward and educate their own communities about the laws of Nature and physics, despite the financial sector's blatant disregard for reality.
moved
nevertheless, the graphic pictures are painful, at least to this viewer. soft heart at the end of the day.
Obese kids ARE malnourished kids.
Overfed and undernourished.
A HUGE factor overlooked at Obesity in this country is the fact that the diets of our (55+ yr old folks), were far healthier than todays.
What is the least expensive things you can feed your kids, or yourself?.
Junk food.
A normal healthy diet with tons of veggies, and fruits, cost you a frigging fortune.(what was nearly free when growing up, now is the most expensive).
Obesity in kids is largely feeding them cheaper,fat packed foods(cheapest possible) and not kicking their ass in the yard to go burn off some calories.
When I was a kid, we spent every hour weather permitting outside playing, and the less time inside the better.
Now, the opposite.
It's actually kind of pathetic how much kids stay indoors these days. I coach a U-14 soccer team and every once in a while we get the short straw and have to play on a field covered in goose poop. Yeah not ideal, but the kids are terrified of it. Won't touch it. Man, When I was a kid we would have had goose turd wars if given the opportunity. There is too much fear mongering about keeping your child safe, and how being outside is a threat. It's all BS.
Also 55+ for real? Ugh I feel like an old 24 year old, because I grew up the way your 55 year olds did.
Nope. That is a picture of a child trying to get to a feeding station. He later died and the photographer commited suicide. Classic african famine porn.
How can this headline be accurate?
Get ready??? Then why have i been paying steadily rising prices for every food staple from the Hershey's kisses to the lowliest whole wheat pita bread? (of course I've more than made up for it by steadily strading cotton, rice, soy beans, and other commodities. From the looks of the the prices for those staples, I'm well above covering my increased costs by entering into futures trades that have steadily been in the state of contango for nearly a year.
Jeesus, man, how can you get ready for what we've already been going thru for the last two years??? And will likely continue to, unless you start to grow your own, brew your own and bake your own?
If the masses are to get ready for anything it might be opening up a futures account and going long futures in what they eat, drink, snack on, and wear.
Exactly. My grocery bill has gone up 25% in the past 9 months already.
You caught the headline but you missed the second line:
While nothing new to Zero Hedge readers, the realization that everyone's purchasing power is about to be yanked from underneath them has gone mainstream.
Tyler's got you covered..
Hey! I am obscenely rich! I can afford it! Let the poor eat cake!
the good news is after hyperinflation removes their wealth, they'll still be obscene
Trolls are supposed to register before posting. There will be a $50 fine for unlicensed trolling.
Don't blame me, blame Bernank!
Anyone who shops knows that prices are *already* on the way up, up, UP! All hail the Chairsatan Rudolf Vissarionovich von Bernankestein! Of course, the 'media' is just now finally reporting on this, since denying it might destroy their credibility even among the easily-fooled sheeple.
Just waiting for the new U.S. Farmland ETF to hit the market sometime in 2011.
I sold gold in November and bought 40 acres of farmland. Already have people lining up for "production plots". I was waiting for someone to bring this up.
Owning 49,2 acres (20ha)! Haven't been doing with it anything for years. What shall we produce?
Have your soil tested and talk to your local farmer's co-op. If your soil and water source (I have a well and several run-off collection tanks) can support "money" crops you are just one lawyer away from selling shares in a value-added company to support your local economy. A co-op gets around a lot of labor laws if people are willing to farm their own share for personal consumption (shares must be renewed every year) and everyone can sell their produce at your local farmer's market.
Nah. Will stick to trading and IT business. Too much efforts. Planning to plant trees all over in the future. Let say, such a long term investment.
What about building a big greenhouse with tinted windows and installing a 40 acre weed plantation in it?
and with the profits, you should be able to DOWNPAY IT IN 12 MONTHS!!
FORGET TALKING TO YOU LOCAL FARMER! TALK TO YOUR LOCAL DEALER I SAY!!
If the EP legalizes the crop, will think about it, but first I’d have to do due diligence of the market. Never the less, thanks for good advice.
I've heard that the juiciest profits are from selling cocaine.
What if your weed plantation becomes invested with parasites? Have you diversified your portfolio into coca?
The 'coke' is so passé. Ask Kudlow about that! He’ll tell you. Nowadays best addicts can be found at AAPL stores!
I am myself addicted to technology and information flow. Usually work 16 h/d, plus Saturday so I know something about that. Some day technology gonna kill us all, but before that the SPLASH CRASH will wipe out our brokerage accounts! ;)
http://3.bp.blogspot.com/_XJseql2u5l0/SQOFmvJLHdI/AAAAAAAADFI/K5sVPSRqJJ...
Waited too long to plant trees bud.
I can still find a better roe on canadian energy trusts and no work. Show us the numbers otherwise i believe your return is less than three percent.
community supported agriculture (CSA groups) are a great way to get folk involved in their own food supply - trades of various crops grown, information & tips, co-operative buying of larger grain stores, etc. - better to have people learning how to support each other, than wait for the "competition" for dwindling food resources further down the dirt road. . .
the most brilliant local CSA concept I have seen was started by a young woman who lived in the SF bay area. She started a local site that simply coordinated locals who had fruit trees on their property to trade their fruit. She got volunteers to coordinate gathering from each participant and for no additional money the participant shared and traded fifty different kinds of fruit with a maturing time that spread over much of the year. Most CSAs are based on a central local farmsite. The idea of getting homegrowers to coordinate trade and barter is fantastic.
don't think of it as soaring food prices, consider it the new fad diet.
Bernanke has released a statement proclaiming that The Federal Reserve shares such concerns, but that Alpo is still, in the ChairCreature's own words, "affordable."
As an aside, I wouldn't mind paying more for food, as long as it's healthy, AND the profits go to those who toil to produce it WITHOUT SUBSIDIES (and aren't garnered by some middle-men shysters), rather than see ANY ADDITIONAL wealth (or any wealth, for that matter) be transferred to that planter and harvester of useless, inedible, and ultimately, devastating crops that are 'financial products.'
Or, stop subsidizing farmers for NOT planting,Or, fining them if they WANT to.
Right now we should be planting ever available acre, all of it.
Using corn for fuel is the most asinine thing ever conceived by man, besides the Fed.
"Just as Marc Rogers has been predicting for over a year now."
Marc Faber? Jim Rogers?
Yup, happened overnight, two heads, one body - you would love it. Master Bernankenstein put them together.
Shoppers could see higher grocery bills as early as three months from now
I knew I was living in the future. My wallet confirms it.
I have been snagging 25#'s of rice and beans every time I hit Costco, toilet paper, and hand towels.Cases of vegetables.
Way more than I would ever need.
Why?, because I know my kids cant, and or wont.
And some less fortunate neighbors just may need a hand.
Buy the staples that will keep you alive, the least expensively, this Second, rice n beans.'Soon to come to a screeching halt.
This is the only result you can ever expect when trying to inflate assets that underperform inflation.
If you strip out the interest rate effect of the last thirty years, houses have underperformed overall inflation by 60%. Face it, the only area Bernanke wants price stability is in houses. Of course, the real price of rescuing housing is starving billions.
Small price to pay, right?
"My friends at Monsanto they take care of everything."
- Baron Von Chairstain
http://www.organicconsumers.org/articles/article_22499.cfm
hadn't seen that one, thanks
Fine with me, I just love Heinz Creamy Tomato Soup and could eat it every day.
This goes great with stopping energy assistance for the poor which is also new.
http://www.nationaljournal.com/whitehouse/exclusive-obama-to-cut-energy-...
Oh, there are real solutions for both of these problems but we'd better not pursue them.
Just 3 examples. Passive solar heat: http://www.youtube.com/watch?v=DusWlsJtVfE
Coolerado: http://www.youtube.com/watch?v=iDdhcYiLS54
The greenhouse fish video (again): http://www.youtube.com/watch?v=9qZPwBPAqks
We wouldn't want to create meaningful, productive jobs instead... Can you hear me yelling from the kitchen window?
Wait, what? I thought obummer was gonna pay for everything.
http://www.youtube.com/watch?v=P36x8rTb3jI
Well, at least the US won't be able to afford to pay for the security that will be required to hold the lid on social unrest we're creating. The enlisted folks in the military are the poor among us and the main victims of rising food/energy nightmares. Oh, this must be the kind of change he was talking about.
Have any additional information on Aquaponics? I have recently become infinitely fascinated by it.
I don't know where you are but if you are near Milwaukee I would just go to the source - Growing Power. I hear it's catching on in Australia. I don't think you would need to heat it at all even in cold climes, passive solar, growing food in decomosing compost and www.citrusinthesnow.com. Everyone could do this, I thought it would be cool to grab a free hot-tub on craigslist and drag it home. 1 gallon / fish. Perch and catfish (which would clean the water also) seem pretty easy, bass would be too but they aren't vegetarians...Most other edible, domestic to US species are not still water fish. Let us know how it goes, there will be a lot less food theft in the future if we share this kind of info. Oh yeah, raccoon proof it, hardware cloth, something exterior grade.
Let's not go too far on the varmint proofing. I'm buying some wire snips.
Love fish... especially yours.
Stock up on pitchforks. You will make a killing selling them in Washington someday.
No kidding. Don't forget to add torches, cotton rags and glass bottles too.
Buddy of mine has a restaurant, he said cheese has gone up $0.10 per pound every week for the last 5 weeks.
A cousin of mine is high up in the chain (food chain?) at the HQ of a national pizza company and told me the wheat flour used to make pizzas has approached its all-time highs (last seen in 2007) again...now at $23 per unit/bag.
so Mookie still can't get a bite of pizza for a quarter... how about a bite for $5?
I'm stocked. Told friends to get prepared. Some listen, some don't.
Thanksgiving was a great time, Stores were practically giving food away.
Went to Walmart yesterday. The holiday baking goods (pie shells, cake mixes, etc.) are "on clearance" at higher prices than they were in Nov./Dec.!!!
Couple of thoughts:
A nice 6-pound chicken goes for about $4 right now. If that goes to $6 in a year, sure it's a 50% hike but only $2. Now, cook that chicken with some cut carrots ($1), potatoes ($1) and onions ($25) and I can eat for about a four days between the chicken and veggies, plus the soup I'll make from the left over chicken and veggies, plus some... wait for it... water, adding in the chicken's own juices for a tasty broth, I could probably go a week. Or a family of four eats like kings for $6. So, this food "crisis" is no big deal. Most people could increase their food consumption cost by 50% and feel almost no pinch.
Second, higher food prices will be partially offset by the growing numbers of people growing their own and community gardens. So, the high cost? Maybe? If people really get wise, supermarkets will be throwing out unsold produce due to slack demand. Meat - a little more difficult to raise on your own, will rise the most, but it still won't be killer for most Americans. Those on SNAP will get more from the govt., no doubt, so scratch that argument. And when gas comes down to $2.00 a gallon, America will be on easy street again. Of course, most of the developing countries will be in flames, but here in the USA, no worries!
Except that we'll have to switch from hating bankers and oilmen to hating farmers.
Plastic rice will stretch that chicken entree value even further.
Add a plastic chicken and you can store it for 50 years or, if need be, use it to reshingle your roof, or even drive a sump pump.
I partially agree. If you cook from scratch it is ridiculously cheap.
It can be even cheaper than what you think of as from scratch (remember, many folks are broke as). A few crucial tips in here but I can only imagine the book is better.
Possum living documentary: http://www.youtube.com/watch?v=mvn79E40VSc
I'm going to the asian fish markets in my neighborhood to stock the local park ponds with bass and catfish. I caught the biggest bass of my life in a Florida golf course pond.
great story
AJ military has confirmed all demands from protesters will be met-looks like the military is about to throw these guys out on their elbows.
The true historical US business cycle of Wall Street predating on the US farmer is about to go into credit mode.
I am still amazed at the evolution in buying that's occurred in our own household. This started years ago; it's nothing new. If you're in charge of your family's grocery budget, you've seen prices rising for quite some time now.
I canceled our Sunday-only newspaper subscription this week. I used to get it just for the coupons, but useful coupons are rare now. You used to be able to do nice match-ups between coupons and sales at the stores; now it seems like the stores don't put an item on sale until all of the printed coupons for that item are expired. Internet printable coupons max out the day they're released or soon after.
My weekly shopping trips now consist of scanning the sales ad to see which cuts of meat are cheapest and building a weekly menu around two of those. The rest of my budget is for fresh produce and dairy and everything leftover goes to building up more supplies in the storeroom.
I spent my kids' outside play time yesterday getting my little garden ready for planting and putting together a trashcan potato planter.
I feel bad for people who think cooking means opening up a package and heating it up. That way of eating is going to get very expensive very soon. I expect JAH to go up as more people rediscover Crock Pots.
You betcha. Buy raw ingredients and go from there.
At Aldi, while waiting in line for check-out, I always scan my cart for anything I can do without. Those little impulses that one throws in the cart for ease.
As a house-frau, THIS is my job: stretching hubby's hard-earned dollars as far as possible. Consequently, I bake my own bread, can my soups and stews, tend our little orchard and feed our chickens from the 'scrap' bucket.
We're in the middle of 'corn' country, and I can assure you, our farming neighbors are not being so frugal.
Times here for the land-rich are extremely good. One neighbor farms thousands of acres, and got almost half a mil in subsidy from Uncle Sam last year. There is so much $$ floating around here, it's practically obscene.
BUT, given the climate outside of the ag industry, there is a feeling of tenseness, in spite of the wealth and comfort.
How long will it last? Will their land be taken in a 'national emergency' if hunger reaches too many? If the ethanol susbsidy goes away next year, will there be a market for all this corn? If a trade war comes to shore up our manufacturing industries, how will that affect our crops going overseas?
So, lots of wealth, lots of new farm equiptment and trucks, but a lingering underlying stench of fear and trembling for the future.
An aside: last autumn, the big job going on out here was the clearing of roadside tree stands and shrub growth. They want to plant every row possible. It looks very plain and utilitarian out here, now.