• Sprott Money
    05/05/2016 - 06:02
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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 - 11:29 | 4593899 general ambivalent
general ambivalent's picture

Don't do drugs, kids. Don't take anything from strangers. But take your daily pill.

Wed, 03/26/2014 - 10:24 | 4593540 Jason T
Jason T's picture

"growing own food is like printing your own money"

 

http://www.ted.com/talks/ron_finley_a_guerilla_gardener_in_south_central_la

Wed, 03/26/2014 - 10:26 | 4593552 kw2012
kw2012's picture

Old America - plant a "victory" garden.

 

New America - You have to dig up your garden because it violates city code.

 

Newest America - You have to dig up your garden because the EPA says you are violating the clean air and water act.

Wed, 03/26/2014 - 10:30 | 4593590 NoDebt
NoDebt's picture

You forgot the $75,000 a day fine the EPA tacked on top of that.

Wed, 03/26/2014 - 10:44 | 4593600 tarsubil
tarsubil's picture

EPA building is in Crystal City. Take your "mayhem" there.

 

WTF  NSA, I'm serious about my proposal.

Wed, 03/26/2014 - 16:06 | 4595343 dobermangang
dobermangang's picture

I miss Crockett.  His show was excellent.

Wed, 03/26/2014 - 10:38 | 4593630 NotApplicable
NotApplicable's picture

My cold frame is producing lettuce and spinach as I speak. Adding radishes this weekend.

Wed, 03/26/2014 - 10:50 | 4593677 Cannon Fodder
Cannon Fodder's picture

What is a cold frame?

 

Wed, 03/26/2014 - 11:14 | 4593823 Big Corked Boots
Wed, 03/26/2014 - 21:37 | 4596847 Seer
Seer's picture

It's a hot frame with the heat dissipated... duh!

Wed, 03/26/2014 - 11:16 | 4593834 Whatchamacallit
Whatchamacallit's picture

"growing own food is like printing your own money"

 And that's why mom and pop growers are increasingly the targets of raids for selling raw milk or growing the wrong kind of organics or whatever reason they can dig up, like:

http://bradleycountynews.wordpress.com/2012/04/14/swat-team-raids-us-far...

Or do a search with "swat teams raiding farms and ranches"

 


Wed, 03/26/2014 - 21:40 | 4596861 Seer
Seer's picture

Raw milk and pot are legal in my area.  I don't do either, but I'm happy that folks are free to do these things.

NOTE: WIth the legalization of pot a bunch of former growers turned to shit like crack, which is really a bad turn of events...

Thu, 03/27/2014 - 01:28 | 4597482 Tapeworm
Tapeworm's picture

You had better be careful about eating vegetables from abandoned city properties or from roadsides.

 The pollutants might poison you.

 Bless the guy if it is not poisoned.

Wed, 03/26/2014 - 10:24 | 4593541 kw2012
kw2012's picture

But it all works out to 0% after the "substitution effect" and hegemonics.  People will go from eating steak, to chicken, to pork, to bologna to rice to soylent green. 

Wed, 03/26/2014 - 10:27 | 4593561 madtechnician
madtechnician's picture

Yeah just mix that up with some blended iphones and old CD's - makes for a great "hegemonically factored" meal .

Wed, 03/26/2014 - 11:14 | 4593818 RaceToTheBottom
RaceToTheBottom's picture

I saw a herd of SPAM the other day.  Very docile creature

Wed, 03/26/2014 - 11:24 | 4593874 Intoxicologist
Intoxicologist's picture

My dog turns his nose up at Spam, yet he'll eat deer turds in the yard. 

Wed, 03/26/2014 - 21:43 | 4596875 Seer
Seer's picture

My dog has stopped eating deer poop.  It now eats Guinea poop :-(  My wife and I have a note to buy up a ton of dog treats when they go on sale since there's never a worry about it going bad: if dogs will eat shit and all sorts of decaying stuff then old treats aren't going to be a problem!

Thu, 03/27/2014 - 00:56 | 4597445 Intoxicologist
Intoxicologist's picture

I'd rather have my dogs eat deer poop than dog treats - especially old ones.  Most of those cheapo treats are filled with things you don't really want to give your dog; plus, they can get moldy.  I'd rather see my dogs gnawing on deer poop or a deer carcass (hard winter here - lots of those) than some crappy China-made "treats."

Wed, 03/26/2014 - 10:29 | 4593579 dcj98gst
dcj98gst's picture

Dont forget dog food.  You can always substitute dog food.

Wed, 03/26/2014 - 10:43 | 4593648 madtechnician
madtechnician's picture

what do I feed my fucking dog ? Cats ?

Wed, 03/26/2014 - 11:06 | 4593771 SgtShaftoe
SgtShaftoe's picture

raw deer meat, the manky parts.  My dogs love it. 

Wed, 03/26/2014 - 21:45 | 4596881 Seer
Seer's picture

My dog's still trying to catch a deer...  it's going to starve to death before catching one!

Wed, 03/26/2014 - 11:03 | 4593758 toady
toady's picture

Talkin' bout my kennel-ration.

Wed, 03/26/2014 - 14:40 | 4594811 jerry_theking_lawler
jerry_theking_lawler's picture

Hedonics?

Wed, 03/26/2014 - 10:25 | 4593543 pods
pods's picture

This is going to be a long brutal year.  

I am long (artificial) bread helmets.

pods

Wed, 03/26/2014 - 10:26 | 4593548 tarsubil
tarsubil's picture

No joke. I'm planting a garden. "It is like growing your own money." - Ron Finley

Gardening and buying gold and silver. The peaceful ways of bringing this giant pile of shit down.

Wed, 03/26/2014 - 10:41 | 4593635 Headbanger
Headbanger's picture

Turkey season starts next week dude!

And I'm gonna bag some Canaduh geese whence and where I can.

Better get your fishing license while you can too!

Wed, 03/26/2014 - 10:45 | 4593655 tarsubil
tarsubil's picture

I have access to a private pond.

Wed, 03/26/2014 - 12:45 | 4594244 fedupwhiteguy
fedupwhiteguy's picture

You think you do now. Wait until the EPA finds it and starts the admin process for shut it down.

Thu, 03/27/2014 - 08:06 | 4597855 tarsubil
tarsubil's picture

I also have a kukri and shotgun.

Wed, 03/26/2014 - 10:41 | 4593641 Pinktip
Pinktip's picture

Only way to plant a garden....

http://www.backtoedenfilm.com/

Wed, 03/26/2014 - 10:53 | 4593700 WillyGroper
WillyGroper's picture

Thanks.

Wed, 03/26/2014 - 11:15 | 4593827 tarsubil
tarsubil's picture

My tilling has been delayed by the rain. He's got a plan, doesn't He?

Thank you very much.

Wed, 03/26/2014 - 10:51 | 4593685 Cannon Fodder
Cannon Fodder's picture

Now if I could just combine the two and grow my own gold....

Wed, 03/26/2014 - 11:04 | 4593761 joego1
joego1's picture

Got my 40x80 commercial greenhouse planted and the pond is full.

Wed, 03/26/2014 - 13:33 | 4594442 madcows
madcows's picture

did you get a permit for that pond?  watchout the jackboot EPA doesn't fine you poverty and stick you in prison.

Wed, 03/26/2014 - 11:04 | 4593762 RSloane
RSloane's picture

Its not only growing your own money, you know exactly how those vegetables and fruits were fertilized, you know exactly when they are ready for picking and consuming instead of MSG soaked goods, and you plant only what you like to eat.

Out of that comes your own jellies, preserves, pickles, relishes, fruits and vegetables that you can prepare and preserve for the entire year. More and more people in my area are planting gardens and learning the 'old ways' of preserving. You never have to wonder again what's in the food you are eating.

Fishing and hunting are great ways to bring down that food bill. If you have enough land you can grow your own livestock for eating as well as a source of milk and cheese. Even having a few chickens for egg laying can be very important for reducing the food bill. More and more cities and residential areas are granting permits for raising chickens. Free range eggs and chickens are delicious.

 

Wed, 03/26/2014 - 21:50 | 4596895 Seer
Seer's picture

"The peaceful ways of bringing this giant pile of shit down."

No work required since it's going to take itself down.  But...

Yeah, good idea to secure food sources.

Wed, 03/26/2014 - 10:26 | 4593549 Dr. Engali
Dr. Engali's picture

The teevee didn't tell me this so I don't believe it. Now if you will excuse me I have to get back to my can of Alpo.

Wed, 03/26/2014 - 10:27 | 4593562 tarsubil
tarsubil's picture

I only buy premium gourmet Alpo but it seems to have been reduced in quality as of late.

Wed, 03/26/2014 - 14:46 | 4594852 LFMayor
LFMayor's picture

They ran out of select cuts from Loren Greene?

Wed, 03/26/2014 - 10:26 | 4593551 Al Huxley
Al Huxley's picture

So?  It's not part of the official numbers so it doesn't affect me.  Now leave me alone, I'm trying to sell my gold and pick up some biotechs while they're still on sale.

Wed, 03/26/2014 - 10:33 | 4593603 NoDebt
NoDebt's picture

I agree.  Whoever's idea is was WAY WAY back to exclude "volatile food and energy prices" was a genius. A visionary, even.

 

Wed, 03/26/2014 - 10:35 | 4593619 fonzannoon
fonzannoon's picture

these stats clearly illustrate that the people at the fed are actually some alien monster life form and their shit stained asshole cnbc which is used to excrete this no inflation propoganda is truly the most evil mind fuck ever attempted in society.

Wed, 03/26/2014 - 10:43 | 4593646 NoDebt
NoDebt's picture

Don't hold back, Fonz.  Tell us what you really think.

Wed, 03/26/2014 - 10:26 | 4593553 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

Don't worry, the Googleburger will take care of that.

Wed, 03/26/2014 - 10:27 | 4593556 TalkToLind
TalkToLind's picture

What inflation?  The ground beef I buy is still the same price it has always been...however it now comes in a package the size of a Tootsie Roll.

Wed, 03/26/2014 - 10:32 | 4593598 agstacks
agstacks's picture

...and the package says "Natural Ground Beef Flavor"

Wed, 03/26/2014 - 13:11 | 4594359 fedupwhiteguy
fedupwhiteguy's picture

Or it comes from mejico where they save their used toilet paper in buckets and don't understand the importance of washing their hands 100% of the time.

tan estúpido e ignorante

 

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