"Get Ready For Higher Food Prices" Goes Mainstream

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Thu, 02/10/2011 - 10:47 | 949131 Alcoholic Nativ...
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Thu, 02/10/2011 - 11:16 | 949221 financeguru500
financeguru500's picture

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.

Thu, 02/10/2011 - 11:39 | 949339 KickIce
KickIce's picture

They've been buying everything they can get their hands on for months now.

Thu, 02/10/2011 - 12:00 | 949419 gangland
gangland's picture

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%.

Thu, 02/10/2011 - 12:11 | 949477 financeguru500
financeguru500's picture

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.

Thu, 02/10/2011 - 13:32 | 949883 Hephasteus
Hephasteus's picture

No inflation it's just out of season. It'll probably be 1.50 next summer.

Thu, 02/10/2011 - 13:54 | 949964 pods
pods's picture

Actually lettuce is highly nutritional.  It just not high in calories.


Thu, 02/10/2011 - 15:03 | 950268 Cathartes Aura
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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. . .


Thu, 02/10/2011 - 17:17 | 950810 DaveyJones
DaveyJones's picture

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 

Thu, 02/10/2011 - 17:19 | 950825 ColonelCooper
ColonelCooper's picture

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.

Thu, 02/10/2011 - 21:51 | 951778 DaveyJones
DaveyJones's picture

we see what we want to see (or what we don't see enough of) :/

Thu, 02/10/2011 - 12:17 | 949501 duo
duo's picture

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.

Thu, 02/10/2011 - 11:48 | 949370 almost_have_a_name
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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 !

Thu, 02/10/2011 - 12:09 | 949471 financeguru500
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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.

Thu, 02/10/2011 - 12:14 | 949490 almost_have_a_name
almost_have_a_name's picture

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.


Thu, 02/10/2011 - 14:07 | 950022 SilverRhino
SilverRhino's picture

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.

Thu, 02/10/2011 - 12:04 | 949448 whatsinaname
whatsinaname's picture

DBA = 35


Thu, 02/10/2011 - 13:50 | 949952 minus dog
minus dog's picture

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.

Thu, 02/10/2011 - 14:02 | 949995 pods
pods's picture

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.


Thu, 02/10/2011 - 15:09 | 950293 Cathartes Aura
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cheap canned "meat" products have degraded ingredients over time, particularly with the "meat". . .

"mechanically recovered meat" - aka pet food.


Thu, 02/10/2011 - 13:57 | 949977 DosZap
DosZap's picture

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.

Thu, 02/10/2011 - 15:03 | 950269 ColonelCooper
ColonelCooper's picture

Agree 100%.  Never happen though, it just seems too darn mean.

Fri, 02/11/2011 - 21:21 | 954806 obg
obg's picture

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

Thu, 02/10/2011 - 10:47 | 949133 SheepDog-One
SheepDog-One's picture

No worries, the ChairSatan assures us HE sees no inflation, so obviously there is none. Party on Fraudmerica.

Thu, 02/10/2011 - 11:15 | 949227 sushi
sushi's picture

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.

Thu, 02/10/2011 - 11:33 | 949314 SheepDog-One
SheepDog-One's picture

Or wheelbarrows of POMO per day, who knows?

Thu, 02/10/2011 - 10:51 | 949141 Cognitive Dissonance
Cognitive Dissonance's picture

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!

Thu, 02/10/2011 - 10:52 | 949144 Alcoholic Nativ...
Alcoholic Native American's picture

Soup kitchens are going out of business nationwide!

Thu, 02/10/2011 - 10:58 | 949167 jus_lite_reading
jus_lite_reading's picture

2 for 1 specials at $4.50/can. WOW 2 for 1!... Wait, that's 15% above the normal price.

Thu, 02/10/2011 - 11:04 | 949191 Cognitive Dissonance
Cognitive Dissonance's picture

Actually where I shop it's $1.89 per can. You must be using Benbabwe dollars.


Thu, 02/10/2011 - 11:17 | 949238 sushi
sushi's picture

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.

Thu, 02/10/2011 - 13:01 | 949733 DosZap
DosZap's picture

Nah, he's smiling because his little ragged ass is gonna make a killing on eGay!

Thu, 02/10/2011 - 11:21 | 949253 downrodeo
downrodeo's picture



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.

Thu, 02/10/2011 - 11:21 | 949257 jus_lite_reading
Thu, 02/10/2011 - 11:47 | 949357 alien-IQ
alien-IQ's picture

my hedge on this "news" is to go long SWHC and RGR :-)

Thu, 02/10/2011 - 12:23 | 949538 jus_lite_reading
jus_lite_reading's picture

CD- Get your soup at $1.89 while you can- my soup is $6 per can!

Thu, 02/10/2011 - 15:07 | 950282 ColonelCooper
ColonelCooper's picture

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.

Thu, 02/10/2011 - 11:00 | 949178 Lizabth
Lizabth's picture

Can your own homemade soup. Easy and cheap(comparatively).

Thu, 02/10/2011 - 12:35 | 949586 benb
benb's picture

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.

Thu, 02/10/2011 - 12:52 | 949680 almost_have_a_name
almost_have_a_name's picture

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)
| |
| |
| |
| |

Thu, 02/10/2011 - 13:31 | 949881 tewkatz
tewkatz's picture

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...

Thu, 02/10/2011 - 13:39 | 949911 jus_lite_reading
jus_lite_reading's picture

I thought chicken came from the sea...

Thu, 02/10/2011 - 11:02 | 949185 Sudden Debt
Sudden Debt's picture




Thu, 02/10/2011 - 11:12 | 949218 Cognitive Dissonance
Cognitive Dissonance's picture

No soup for you!


Thu, 02/10/2011 - 13:58 | 949983 DosZap
DosZap's picture

Cog, What chain??

Thu, 02/10/2011 - 14:24 | 950098 Cognitive Dissonance
Cognitive Dissonance's picture

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. :>(

Thu, 02/10/2011 - 17:58 | 951006 RockyRacoon
RockyRacoon's picture

Yep.  No reason to feed the beast by giving exact coordinates.

Thu, 02/10/2011 - 10:52 | 949142 topcallingtroll
topcallingtroll's picture

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.

Thu, 02/10/2011 - 10:56 | 949153 jus_lite_reading
jus_lite_reading's picture

Press the reset button...

Thu, 02/10/2011 - 11:26 | 949278 kridkrid
kridkrid's picture

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.

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