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Food Crisis Doomsday Scenario As Prices To Shoot Through The Roof
The Market Oracle ^ | 8-31-2010 | Pravda

Posted on 08/31/2010 11:49:11 AM PDT by blam

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1 posted on 08/31/2010 11:49:21 AM PDT by blam
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To: blam

With all the obesity in the USA, a food crisis might be the best thing for people’s health here.


2 posted on 08/31/2010 11:52:06 AM PDT by Colonel Kangaroo
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To: blam

“Vast swathes of the planet are set to go hungry. Those who were previously hungry may starve”

...with our resources we don’t need to play any role in this. We will, but don’t need to.


3 posted on 08/31/2010 11:52:53 AM PDT by albie
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To: netmilsmom
Food And Drink Prices To Soar


4 posted on 08/31/2010 11:52:56 AM PDT by blam
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To: blam

Naw the S word is Socialism and Speculators know what that causes

TT


5 posted on 08/31/2010 11:54:52 AM PDT by TexasTransplant (I don't mind liberals... I hate liars...there just tends to be a high degree of overlap)
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To: blam

Another crisis?

My crisis sensors were saturated long ago.


6 posted on 08/31/2010 11:56:33 AM PDT by Never on my watch (The Obama Administration - an outrage a day)
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To: blam

Ah! Pravda!
Accurate I’m sure.


7 posted on 08/31/2010 11:57:57 AM PDT by vanilla swirl (We are the Patrick Henry we have been waiting for!)
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To: blam

OMG! ONOZ! We’re dooomed. Doomed I tell you. I’m spending all my money on canned spam.


8 posted on 08/31/2010 11:58:24 AM PDT by farlander (Sic Semper Tyrannis)
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To: blam

The Jewell store we shop at lifted alot of their prices by a sizable amount this past month.


9 posted on 08/31/2010 11:59:00 AM PDT by junta (S.C.U.M. = State Controlled Unreliable Media)
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To: blam

Food prices, including fast food, seem really high.


10 posted on 08/31/2010 11:59:12 AM PDT by GnuHere
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To: blam

I must be a cynic as I was waiting until the end to see a “buy gold now!” incantation.


11 posted on 08/31/2010 12:01:09 PM PDT by Obadiah (I can see November from my house!)
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To: blam

I’m bearish on the doomsday scenario.


12 posted on 08/31/2010 12:03:02 PM PDT by Retired Greyhound
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To: Colonel Kangaroo

Or if you believe in divine providence you could say that people were prepared for the inevitable obama famine.


13 posted on 08/31/2010 12:03:02 PM PDT by CajunConservative (0bama, your ass is the first one you need to kick.)
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To: GnuHere
Food prices, including fast food, seem really high.

Maybe your dollars are just really weak.

14 posted on 08/31/2010 12:03:31 PM PDT by gundog (Why is it that useful idiots remain idiots long after they've exhausted their usefulness?)
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To: vanilla swirl

15 posted on 08/31/2010 12:04:32 PM PDT by Bean Counter (Now what kind of a geroo are you anyway?)
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To: blam
In the USA, Walmart has already announced a price hike of 5.8% on average for a 31-item basic basket for this Autumn.

Has Walmart ever preannounced price increases, especially a long time in advance? That sets off my BS detector for the who article.

Normally you just go into a store and see price were higher than the last time you went in. Sometimes they try to sneak in a big price increase like when a bag of chips goes from $3 to $4. They'll put up the new $4 sign, but say $1.11 off/now only $2.89.

16 posted on 08/31/2010 12:05:40 PM PDT by KarlInOhio (Gun control was originally to protect Klansmen from their victims. The basic reason hasn't changed.)
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To: gundog

My dollars are the size of a postage stamp, like in that gold commercial, lol.


17 posted on 08/31/2010 12:07:42 PM PDT by GnuHere
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To: blam

Send in the tanks. Crush the speculators and profiteers!


18 posted on 08/31/2010 12:08:28 PM PDT by Justa
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To: blam

Just dropped 350.00 at Sam’s Club.
Lots of coffee and peanut butter.

Between the rice I bought before, the stuff I bought today and the produce I’ve been processing we’ll make it through pretty well.


19 posted on 08/31/2010 12:10:13 PM PDT by netmilsmom (I am inyenzi on the Religion Forum)
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To: blam
no one gives a chit about the masses who are destined to starve in any event.

chances are good that the politically connected with legislative control of present grain resources will profit tidily in this current round. our next generation of leaders.

most in the west will pay whatever the cost for their beers, and the darkskinned brethren they profess compassion for will eat dirt and die in grizzly fashion.

20 posted on 08/31/2010 12:13:09 PM PDT by mmercier (same as it ever was)
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To: blam

Isn’t this the third horse of the Apocalypse? A black horse as I recall.


21 posted on 08/31/2010 12:17:40 PM PDT by circlecity
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To: farlander
I’m spending all my money on canned spam.

Kruschev credited it with keeping him alive. Pity, that.

22 posted on 08/31/2010 12:19:44 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: blam

“...frightening, with the UNO predicting an increase of 60 per cent by 2030”

A 60% increase over 20 yrs is “frightening”?


23 posted on 08/31/2010 12:19:50 PM PDT by Pessimist
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To: blam

Gee, no mention of the central valley in California where huge swaths of farm land are sitting fallow because of the obamanation’s water restriction (to save some fish). Wonder why? /sarc


24 posted on 08/31/2010 12:19:50 PM PDT by piytar (Those who never learned that peace and freedom are rare will be taught by reality.)
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To: KarlInOhio

Have you actually looked at the size of the package you are getting? Many products have been downsized without lowering the price.


25 posted on 08/31/2010 12:21:24 PM PDT by CajunConservative (0bama, your ass is the first one you need to kick.)
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To: Lurker

I think Kruschev was drunk when he said that. Well... must have been, most of the time, anyway.


26 posted on 08/31/2010 12:21:41 PM PDT by farlander (Sic Semper Tyrannis)
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To: Pessimist
A 60% increase over 20 yrs is “frightening”?

Yep - 2.5% per year, compounded.

DOOMED! DOOMED, I tell you!

27 posted on 08/31/2010 12:24:22 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: KarlInOhio

I’m having guests this evening, so last night I did a quick, late shopping. I went to Walmart and to another local grocery store.

Many prices were up with the quantities down. Bacon was a sticker shock, about a 30% increase. At the start of the season, red peppers were nearly double what they were last winter! Dairy products, especially butter, cream cheese and cream, were high, as they have been for weeks. Meanwhile, my farmer friends and neighbors are barely receiving enough for their milk to continue in business, insuring a further drop in producers. Bread and grain products in general seemed unchanged. House brand paper products were about the same, as well.

So, today, I looked at commodity futures. All grains down several cents. Beef about the same, with pork, especially bellies, still high.

But, locally, our row crops look wonderful, the weather has been excellent and I know that pigs are prolific, farmers are opportunistic and I see that the commodity pork prices have slipped for later in the year. Many producers I know have switched to pigs for this year.

We are sort of a captive market here in my rural area. My husband tends to graze prices on various items at least once a week when he goes to work in a larger city and so, we tend to stay on an even keel, over time. But my little dinner party tonight set me back more than I expected. Add in some OTC items we both needed for minor issues and the total bill was quite high, considering.


28 posted on 08/31/2010 12:25:40 PM PDT by reformedliberal
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To: Lurker
"Kruschev credited it with keeping him alive. Pity, that."

The Soviet Army survived the 2nd half of WW2 on Spam and they still have a warm spot in their hearts for Spam. I think many of those convoys to Murmansk held many tons of Spam.

29 posted on 08/31/2010 12:26:44 PM PDT by blam
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To: blam

Stop burning our food in cars and there won’t be a food crisis.


30 posted on 08/31/2010 12:28:48 PM PDT by BuffaloJack (Obama, the Criminal, is BAD for AMERICA.)
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To: farlander

I’m spending all my money on canned spam.

For only $19.95 I will send you my recipe booklet on 101 Ways To Cook Spam And Like It - heck, I may as well profit on this crisis. I missed most of them;)


31 posted on 08/31/2010 12:30:29 PM PDT by Bitsy
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To: CajunConservative

I pretty much buy the same things every other week. Several packages are same size but less contents. Groceries this last week were 8% more than two weeks ago and not as many twofers. One store has now started doing a significant price reduction only if you buy 4 or 5 of the same thing.


32 posted on 08/31/2010 12:31:17 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: KarlInOhio
Pravda's never been big on accuracy, even when quoting another article. It appears in thisstudy of walmart food prices that they were only ten percent less than supermarket average, vs 16% before, giving the supposed 6% price increase. This wasn't a 'pre-announced' price increase, and it was most likely the result of price fluctuations as Walmart's deals for stocking up the SuperCenters start to lapse.

Krogers went down in the study by a percent, Safeway went up.

Interesting to note that some of our local dairies are bringing back the actual half gallon of ice cream, and selling it for the same price as before, bucking the trend of making 3 pint or smaller containers.

33 posted on 08/31/2010 12:33:50 PM PDT by kingu (Favorite Sticker: Lost hope, and Obama took my change.)
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To: KarlInOhio

Has Walmart ever preannounced price increases, especially a long time in advance? That sets off my BS detector for the who article.

I gonna worry when they start selling their products for gold coins. Anyway, I have got enough on my plate trying to service the leftist congress and part time president. Oh, by the way, is he back from vacation yet?


34 posted on 08/31/2010 12:34:40 PM PDT by Bitsy
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To: CajunConservative
Have you actually looked at the size of the package you are getting? Many products have been downsized without lowering the price.

That's old. I remember when I was a kid back in the 70s and early 80s reading a journal examining the quirks and foibles of modern society (OK, I admit it, I was reading Mad Magazine) and that has been going on for a long, long time. One piece in an old back issue made fun of the shrinking 5¢ (yes, 5¢) candy bar.

I've been eating a lot more fresh fruits, vegetables and unprocessed meats recently so it is harder to sneak price increases past me because everything is priced per pound.

35 posted on 08/31/2010 12:39:24 PM PDT by KarlInOhio (Gun control was originally to protect Klansmen from their victims. The basic reason hasn't changed.)
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To: blam

WE ARE ALL GONNA DIE AND THE GULF WILL BE A WASTELAND FOREVER AND THERE’S GONNA BE AN ICE AGE! DOGS AND CATS LIVING TOGETER!


36 posted on 08/31/2010 12:39:57 PM PDT by Seruzawa (If you agree with the French raise your hand - If you are French raise both hands.)
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To: GnuHere
Food prices, including fast food, seem really high.

My son and I visited Wendy's last night. It was the first time I had been in a fast food joint in years. Two sandwich meals (chicken + dbl burger w/fries & drinks) = $17.06

I though there was a math error somewhere but I added the prices up as we ate and came up with the same numbers. Cripes!

37 posted on 08/31/2010 12:41:29 PM PDT by NY.SS-Bar9 (When in the course of human events...)
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To: blam

ping


38 posted on 08/31/2010 12:43:08 PM PDT by unkus
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To: Colonel Kangaroo
“With all the obesity in the USA, a food crisis might be the best thing for people’s health here.”

Except for the fact that the fattest people in the US get their food free, paid for by welfare. Food prices go up and you get to pay extra for their free food.

39 posted on 08/31/2010 12:46:11 PM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: CajunConservative
The Obama Crappy Meal


40 posted on 08/31/2010 12:47:15 PM PDT by WOBBLY BOB (drain the swamp! ( then napalm it and pave it over ))
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To: Grams A

I notice one of our two grocery stores here has started offering a good price on items only if you buy ten of whatever it is.


41 posted on 08/31/2010 12:47:57 PM PDT by handmade
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To: BuffaloJack
Stop burning our food in cars and there won’t be a food crisis.

That's some food for thought.

42 posted on 08/31/2010 12:48:53 PM PDT by Digger (If RINO is your selection, then failure is your election)
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To: WOBBLY BOB

LOL


43 posted on 08/31/2010 12:59:39 PM PDT by CajunConservative (0bama, your ass is the first one you need to kick.)
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To: blam
RE :”This is what is happening today. September corn is up by 3.6% a bushel, wheat by 34 cents. In July the price of wheat shot up by the highest quantity in the last 50 years: 42 per cent. This in turn will push up prices of pasta, bread and cereals in the near future. Prices set to rise for 12 to 18 months Analysts predict upward trends in wheat, corn, soybeans, bean oil and bean meal and the general feeling is a continued rising trend over the next 12 to 18 months... Russia reports a drop in production of around 20 per cent due to dry weather conditions. Drought has also affected Ukraine (where maximum production is set to reach just 66% of domestic demand) and Kazakhstan, while floods have affected 13 million acres of cereals in Canada and have wiped out a large part of China’s harvest. Germany’s wheat production is ten to twenty per cent down on 2009; in Argentina dry conditions mean that only 80% of the arable land for cereals has been planted.

Just what the unemployed were looking for high food prices. Expect to see in rise in food stamps use by illegals and Obama sueing states that try to cut them off.

guess this guy was right : Jim Rogers/Asian Financial Forum (World Commodities fundamentals enhanced), January 24, 2009

44 posted on 08/31/2010 1:02:44 PM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: KarlInOhio
Walmart prices everything by the unit, whether it is pounds or oz, or whatever.

Most people don't even know where to look for that price though. It is on a tag of the shelf the product is on. Takes all the guess work and figuring the lower priced product.

45 posted on 08/31/2010 1:04:13 PM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: GnuHere

“Food prices, including fast food, seem really high.”

I’m actually amazed that you can get a McChicken, or a McDouble, or similar hot sandwiches or hot foods for a dollar. It absolutely blows my mind.

Then again I am also impressed that I can send a letter anywhere in the U.S. for 44 cents. That is incredible to me.


46 posted on 08/31/2010 1:21:11 PM PDT by Persevero (Homeschooling for Excellence since 1992)
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To: blam; All
Some happy news regarding the upcoming famine:

1) H1N1 killed off most would-be starvation victims during the last panic attack.

2) In a pinch, Muslims are a great source of protein.

3) Obesity and famine are never found in the same populace.

4) Oil and wine are forecast to be available right up until the Rapture, possibly longer.

5) Somebody, somewhere will be forced to eat Rosie O'Donnel.

6) Richard Simmons will finally have no reason to sweat to anything.

7) The George Foreman Grill in your closet will become a sought-after fat collector.

8) Zombie movies will become an enjoyable fantasy escape from the daily drudgery of scavenging food among the mindless cannibal hordes roaming around outside.

9) Nobody's wife will look fat in anything.

10) Michelle Obama will have no new proposals involving federalizing your children.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

47 posted on 08/31/2010 2:02:18 PM PDT by The Comedian
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To: handmade

For larger families that may be good but on other things if I buy 10, that takes a chunk of the budget and limits the variety of one’s meals. I find that I’m spending roughly the same amount of money now on food for just myself as I spent when I had 2 always hungry teenagers, packed lunches and rarely went out to eat. Tried to get my neighbor’s to form a small co-op purchase program with no luck thus far.


48 posted on 08/31/2010 2:23:52 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: farlander

I’m spending all my money on canned spam.
**********************************************
You used to (12 to 18 months ago..) be able to buy the Hormel version of SPAM in the dollar store ,, now it’s $1.79 at the cheapest place I know and genuine SPAM is $2.39 or higher ... buying SPAM may be the investment of choice in 2011.


49 posted on 08/31/2010 3:43:03 PM PDT by Neidermeyer
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To: Grams A

Yes- buying ten of anything at a time is good for someone with alot of family still home, not so good for any one else. Which is the whole idea- they can say but we have great sales, knowing most people are not going to do that buying.

My response to that almost guaranteed is not to buy whatever it is, period. The price cut is always substantial so that means unless it is something I really need (not going to happen) I just walk right on past.

I would do a co-op with someone if I had the option but I don’t have. I do garden and put up food.

We are going to need to know how to be conservative with buying, and certainly people in general are going to have to learn to live within their means (under their means, actually) or they are going to be in a world of hurt.


50 posted on 08/31/2010 8:46:37 PM PDT by handmade
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