The Real Inflation Fear - US Food Prices Are Up 19% In 2014

Tyler Durden's picture


We are sure the weather is to blame but what happens when pent-up demand (from a frosty east coast emerging from its hibernation) bumps up against a drought-stricken west coast unable to plant to meet that demand? The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 - up a staggering 19%...



h/t Bloomberg's Chase van der Rhoer

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Wed, 03/26/2014 - 14:10 | 4594624 Abitdodgie
Abitdodgie's picture

 The solvents used to insert the new genes into the sequence of the DNA in the plant  and so as you eat the GMO so does it change your protien sequence in your DNA allowing for mutation. What is Gene 6 for in GMO's it just sits there waiting to be activated, serving no perpose.

Wed, 03/26/2014 - 21:23 | 4596788 Seer
Seer's picture

I think that it's all been set up as a distraction (like so many others) to keep people from seeing it as an issue of GMOs, and, well... neither side really wants it to be about GMOs.

Wed, 03/26/2014 - 14:04 | 4594598 Miffed Microbio...
Miffed Microbiologist's picture

Added benefit. Feminization of men. Never saw a guy with man boobs when I was a kid. Now it's tragic to see how fat men have become, especially in the last 5 years. This economy is primarily a destroyer of men and I'm seeing so many of them in the hospital now at young ages with diabetes and drug abuse.


Wed, 03/26/2014 - 21:26 | 4596798 Seer
Seer's picture

GMOs and HFCS.  And sedentary lives (which is probably the greates contributor)...

Wed, 03/26/2014 - 14:42 | 4594821 KickIce
KickIce's picture

But on the bright side I've heard claims that it takes our corpses longer to decompose because of all the preservatives we ingest.

Wed, 03/26/2014 - 21:27 | 4596801 Seer
Seer's picture

Just what the aliens wanted...

Wed, 03/26/2014 - 10:29 | 4593575 NoDebt
NoDebt's picture

I have one word for you, guys.  Are you listening?


Wed, 03/26/2014 - 10:36 | 4593622 Headbanger
Wed, 03/26/2014 - 10:46 | 4593658 Rubbish
Rubbish's picture

I have a buddy that takes all that plastic crap we buy from China, grinds it up and sells it back to them on the empty boats returning to. The money is obscene.



Wed, 03/26/2014 - 11:11 | 4593797 A Nanny Moose
A Nanny Moose's picture

Perhaps plastics are the reason we exist...

Wed, 03/26/2014 - 11:40 | 4593953 stacking12321
stacking12321's picture

does he buy plastic?

we deal with a scrap metal company that does the same thing with metal going in containers over to china, but they won't take plastic.

if you can point me to some info for your friend, i should be able to provide some good volume.

Wed, 03/26/2014 - 11:55 | 4594035 Rubbish
Rubbish's picture

Yes, depending on the grade etc. Toss me an e-mail if you like and I can put one of their buyers in touch with you.

Wed, 03/26/2014 - 11:59 | 4594051 stacking12321
stacking12321's picture


will do, thanks.

Wed, 03/26/2014 - 12:02 | 4594062 Wahooo
Wahooo's picture

Stop it you guys. You know there's no longer a market.

Wed, 03/26/2014 - 12:57 | 4594307 Rubbish
Rubbish's picture

Actually got a couple responses so don't know which you are but the info has been forwarded and I replied to responses with contact info. Must be a lot folks out there with plastic sitting around.


If for some reason you didn't get a reply let me know.



Thu, 03/27/2014 - 04:02 | 4597621 stacking12321
stacking12321's picture

yup, i got your email, thanks!

haven't heard from their buyer yet, but if i don't hear by tomorrow i'll drop them an email .

Wed, 03/26/2014 - 10:36 | 4593621 therover
therover's picture

Agreed. They started years ago, so they are well trained.

Wed, 03/26/2014 - 12:09 | 4594097 Old Man River
Old Man River's picture

More nutritious and delicious than the red and yellow, eh?

Wed, 03/26/2014 - 12:14 | 4594117 whoisjohngalt11
whoisjohngalt11's picture

Bought egg rolls Monday ( very rarely do this) they were half the size as about this time last year but prolly same price.


Wed, 03/26/2014 - 13:36 | 4594456 Kirk2NCC1701
Kirk2NCC1701's picture

MONSANTO.  It's what's for dinner, 'Mericans.

Wed, 03/26/2014 - 10:29 | 4593569 Rakshas
Rakshas's picture

Rule 1 - Cardio ........ Zombieland ..... the Fatty's were the first to go......





Rule 32 ....  enjoy the little things....

Wed, 03/26/2014 - 10:38 | 4593629 nightshiftsucks
nightshiftsucks's picture


Wed, 03/26/2014 - 10:36 | 4593620 rubiconsolutions
rubiconsolutions's picture

But the government tells me that inflation is around 2% If I can't trust the government to tell me the truth who can I trust?

"Yeah, I know it's early....Glenlivet please, two fingers...."

Wed, 03/26/2014 - 11:03 | 4593748 A Nanny Moose
A Nanny Moose's picture

How much you eat is not as important as what you eat. Right now the bad stuff is cheaper, and form over function is a high priority for some idiotic reason (i.e. lawns over gardens).

Eating quality (whole, live foods), results in eating less quantity.

Wed, 03/26/2014 - 11:31 | 4593908 LawsofPhysics
LawsofPhysics's picture

"Eating quality (whole, live foods), results in eating less quantity." -  Bullshit.  It's still about calories.  Admittedly, you want to eat a balanced diet of healthly (often expensive) foods,  but your calorie input had better match your calorie output or you are dead.

FYI- it takes a tremendous amoutn of energy (calories) to simply grow food (on a large or small scale).

Shit, simply delivering clean water to 7+ billion people may be a problem shortly.

If we can't hang the bankers/paper-pushers, let's hope they taste good and have been eating healthy foods I guess...

Wed, 03/26/2014 - 12:20 | 4594140 Relentless101
Relentless101's picture

Ahhhh yes... Obamacares diet plan is rolling out nicely...

Wed, 03/26/2014 - 16:05 | 4595333 Okienomics
Okienomics's picture

"Could leed to a much needed, yet involentary diet for obese Americans?"


They may miss those high calorie meals, but not as much as I miss Pladizow's old avitar.

Wed, 03/26/2014 - 11:17 | 4593836 Smegley Wanxalot
Smegley Wanxalot's picture

"Just shaddup already and eat 19% less

Then your inflation is zero."


This message brought to you by Uncle Sam, the letters F and U, and the number 19.

Wed, 03/26/2014 - 11:36 | 4593935 ncdirtdigger
ncdirtdigger's picture

Hedonic adjustments baby!

Wed, 03/26/2014 - 11:44 | 4593975 stacking12321
stacking12321's picture

that's just bad math.

19% increase in price: 1.00 + .19 = 1.19

19% decrease in volume: 1.00 - .19 = .81

1.19 x .81 = .9639, or .0361 decrease, not zero at all.

Wed, 03/26/2014 - 16:36 | 4594065 Smegley Wanxalot
Smegley Wanxalot's picture

See?  By paying more for food, Uncle Slam wants you to save money.

Whattaguy, whattaguy ....

Wed, 03/26/2014 - 11:57 | 4594045 rabbitusvomitus
rabbitusvomitus's picture

Meh, let them eat Soylent Green! Its people you know..

Wed, 03/26/2014 - 12:15 | 4594122 ILLILLILLI
ILLILLILLI's picture

Better's THE people you know...or knew.

Wed, 03/26/2014 - 12:17 | 4594123 wee-weed up
wee-weed up's picture



[microphone click-on sound]

Yellen... Janet Yellen...

Paging Janet Yellen...

Please pick up the white courtesy phone in the lobby...

Janet Yellen...

[microphone click-off sound]

Wed, 03/26/2014 - 17:04 | 4595633 stocktivity
stocktivity's picture, deflation....wrong, deflation....ahhhh WTF!

Wed, 03/26/2014 - 10:22 | 4593530 Rakshas
Rakshas's picture

No worries there are plenty of sheep to eat.......

Wed, 03/26/2014 - 10:35 | 4593614 101 years and c...
101 years and counting's picture

they need to be slaughtered first.  cant wait for the first big downdraft to hit stocks.  1700 within days.  then you can gorge on all that meat.  yum.

Wed, 03/26/2014 - 10:54 | 4593640 Rakshas
Rakshas's picture

all thanks to America's Black-Sheep-in-Chief........


God Ima gonna hate myself for that one............

Wed, 03/26/2014 - 11:09 | 4593791 Independent
Independent's picture

Seen this price increase pretty easily in the produce section in big box stores, any package that was around five dollars has on the average increased in price to six dollars.

Wed, 03/26/2014 - 10:23 | 4593534 Winston Churchill
Winston Churchill's picture

Just as well you can eat gold.

Wed, 03/26/2014 - 10:37 | 4593627 TrumpXVI
TrumpXVI's picture

Haven't you been paying ANY attention?

NO, you CAN'T eat gold.  THAT'S what's wrong with it!

Wed, 03/26/2014 - 12:18 | 4594133 Herd Redirectio...
Herd Redirection Committee's picture

He confused his gold and his iPad.

Everyone gets one.

Wed, 03/26/2014 - 10:24 | 4593536 1stepcloser
1stepcloser's picture

Does that mean my shit is worth more?

Wed, 03/26/2014 - 10:26 | 4593550 Skateboarder
Skateboarder's picture

No, it means you shit 19% less.

Wed, 03/26/2014 - 10:33 | 4593601 1stepcloser
1stepcloser's picture

Or if you want to maintain standard need to find 19% more FRNs

Wed, 03/26/2014 - 11:13 | 4593814 A Nanny Moose
A Nanny Moose's picture

Giving two shits just got expensive. Glad I gave it up for Lent.

Wed, 03/26/2014 - 10:26 | 4593555 Pladizow
Pladizow's picture

If you can get Wall St to securitize it and Moody's to stamp it - should'nt be hard at all!

Wed, 03/26/2014 - 10:24 | 4593537 maknyc11
maknyc11's picture

Meaningless.  In lieu of dinner, Ill buy a flat panel TV.  It all nets out!

Wed, 03/26/2014 - 10:35 | 4593615 1stepcloser
1stepcloser's picture

Get some faster internet while you're at it

Wed, 03/26/2014 - 10:24 | 4593539 LawsofPhysics
LawsofPhysics's picture

Like gold, food to be considered a "barabaris relic" by bankers everywhere...

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