Please don’t hang your hat on lower food prices....
While it is true that grain prices have fallen, consider this - California is the main source of fresh vegetables followed by Florida and Texas. Water rationing - extreme drought could severely curtail vegetable production in Calif. They are diverting river water for cities which means that the farms would have to rely on well water which increases problems from salinity and is getting harder to reach.
Florida has been having some really tough times with the reverse global warming... Freezing temps have hit them hard recently.
Central Texas is currently having an extreme drought.
Harvest labor is getting harder and harder to get - the largest tomato grower in Pennsylvania who grew several thousand acres of tomatoes quit after last year - couldn’t get workers so he threw in the towel and sold the farms to developers.
With Mexico on the verge of collapse due to drug cartels, how long can we depend on their imported produce?
If you grow your own, you not only control the supply, but you control the quality. Price is very very favorable too.
You’re correct re: the drought having an effect on the market, but not across the board. It will drastically affect rice and cotton, but much less so fruits and nuts, and Salinas Valley truck crops.
My mention of the price trends was toward a different purpose: It is unlikely that an urban, or suburban vegie patch will reduce anybody’s costs, especially with impending urban water rationing.
Also California just discovered some asian fruit tree disease which has already affected Florida. I posted it on the old thread. The cost of citrus juics etc. will be going up higher than it already is.
Milk, butter, bread etc. are still as hight as they were when fuel prices went up.