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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general ambivalent's picture

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

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.

NoDebt's picture

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

tarsubil's picture

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

 

WTF  NSA, I'm serious about my proposal.

dobermangang's picture

I miss Crockett.  His show was excellent.

NotApplicable's picture

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

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"

 


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...

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.

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. 

madtechnician's picture

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

RaceToTheBottom's picture

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

Intoxicologist's picture

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

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!

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."

dcj98gst's picture

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

madtechnician's picture

what do I feed my fucking dog ? Cats ?

SgtShaftoe's picture

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

Seer's picture

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

toady's picture

Talkin' bout my kennel-ration.

pods's picture

This is going to be a long brutal year.  

I am long (artificial) bread helmets.

pods

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.

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!

tarsubil's picture

I have access to a private pond.

fedupwhiteguy's picture

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

tarsubil's picture

I also have a kukri and shotgun.

tarsubil's picture

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

Thank you very much.

Cannon Fodder's picture

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

joego1's picture

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

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.

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.

 

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.

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.

tarsubil's picture

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

LFMayor's picture

They ran out of select cuts from Loren Greene?

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.

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.

 

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.

NoDebt's picture

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

Gaius Frakkin' Baltar's picture

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

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.

agstacks's picture

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

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