Kartographer was the first to alert us to these coming price increases, it is the beef prices and possible shortages included in this article that caught my eye.
Food Shortages High Prices And Riots
1 posted on
10/18/2011 4:52:05 PM PDT by
blam
To: blam
Oh great..peanut butter is one of my main food staples along with protein powder, tuna and chicken. Better buy a bunch this week.
To: Kartographer
5 posted on
10/18/2011 5:04:56 PM PDT by
Immerito
(Reading Through the Bible in 90 Days)
To: blam
Yikes and double yikes.
To: blam
Sam's Club still has 6 pound cans of Peter Pan for $7.98 but expect the price to jump soon.
Where I live that price is a bargain - much less per ounce than even the generics in the grocery stores.
http://www.samsclub.com/sams/shop/product.jsp?productId=161180
Model: 4530000298
Item #: 915643
8 posted on
10/18/2011 5:07:33 PM PDT by
Iron Munro
('We do have tough gun laws in Massachusetts; I support them.' -- Mitt Romney)
To: blam
"Americans eat about 1.5 million pounds of peanut products annually."
That should read "1.5 billion pounds ...".
To: blam
THIS IS WAR!!!
Peanut butter is a “must have” in my house.
10 posted on
10/18/2011 5:10:45 PM PDT by
Gator113
(~ Just livin' life~)
To: blam
Everyone “stocking” up will guarantee a price increase.
11 posted on
10/18/2011 5:11:12 PM PDT by
AmusedBystander
(The philosophy of the school room in one generation will be the philosophy of government in the next)
To: blam
time to learn to make your own peanut butter.peanuts are cheap if you buy them from someone who doesn’t have a peanut allotment. look at your local farmers market
17 posted on
10/18/2011 5:35:24 PM PDT by
Figment
(Herman Cain: Nein, Nein, Nein)
To: blam
I feel sorry for “the chillren” who are going to grow up not knowing what a peanut butter with grape jelly sandwich tastes like. FU and your “hope and change” BO!
18 posted on
10/18/2011 5:39:16 PM PDT by
FlingWingFlyer
(Stop Government Greed Now!!!!)
To: blam
Grocery Outlet had 16 oz jars of Jiff for a buck the other day, and I bought a few. Maybe I’ll buy a few more.
22 posted on
10/18/2011 5:44:38 PM PDT by
Hugin
("A man'll usually tell you his bad intentions if you listen and let yourself hear it"--- Open Range)
To: blam
Beef and other agricultural exports to countries like China are increasing.
23 posted on
10/18/2011 8:04:48 PM PDT by
familyop
("Dry land is not just our destination, it is our destiny!" --Deacon character, "Waterworld")
To: blam
Peanuts are the main crop of many west African nations but like sugar we aren't allowed to import them. I'm all for American agriculture, but limiting competition to sustain unnaturally high prices doesn't help farmers or consumers in the long run.
Crops with high forced pricing are over planted and the market becomes saturated forcing US farmers to dump the excess on the global market. This leads to farm losses in other countries due to depressed market values and shortages in their food supply once cheap imported crops are used.Governments in these nations try to protect their nation from a recurrence by banning imports and initiating price subsidies which starts it all over in a different locale.
I'm just a novice in all things economic and have only in the past 10 yrs. started paying attention and reading up on it.I've read some books by Walter E. Williams,Thomas Sowell, Milton Friedman, and Friedrich Hayek and am just starting to realize what was left out of my public school and community college education. I welcome all criticism, correction and enlightenment on this subject as I find myself fascinated by it.
25 posted on
10/18/2011 9:38:59 PM PDT by
WePledge
(Ich werde fur immer ein Hollenhund werden. Semper Fidelis)
To: blam
Normally keep a good stock of it, have added some, now sitting on 10kg in my pantry.
27 posted on
10/20/2011 3:59:22 AM PDT by
kanawa
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