Midwest Flooding - Time To Stock Up?
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“Its Supermarket Time”
March 25, 2019 Kim du Toit
http://www.kimdutoit.com/2019/03/25/its-supermarket-time/
“At this moment, millions of acres of farmland are underwater, and that is not going to change any time soon. When the flood waters came, they moved so rapidly that they literally picked up pigs and baby calves and carried them along. Roads, rail lines and entire small towns have been washed away, and so even if farmers had something left to sell they couldnt get it to market anyway.”
“Food production in the United States is going to be way, way down this year. Prices at the grocery store are immediately going to start rising, and they are going to keep rising all year long. So now is the best time to stock up and to get prepared for what is coming. Our breadbasket has been absolutely devastated, and things are only going to get worse. The mainstream media seems to think that this is just another in a long string of major natural disasters that has hit our nation in recent years, but the truth is not so simple. This disaster is going to have a dramatic impact on our ability to grow our own food, and even if everything went perfectly from this point forward we are talking about a recovery that would take many, many years.”
Want to make a small fortune?
Invest a large fortune betting against the ability of American farmers to over-produce.
The flooding, bad as it is, effects a relatively small percentage of America’s agricultural production. Not much outside of beef production will be affected beyond a few weeks.