Ping!
I paid $1 for a loaf of white bread earlier today. How is that possible?
So what is the total cost of E85 ?
The unintended consequences of Global Warming hysteria. Well good for the farmers. Rake in the money, it is about time.
The world’s population increases by 57 million a year and will continue to do so thru at least 2050. It is like adding another country the size of Italy each year. Of course demand for food is going to increase.
There’s a lot of talk about shortages of seed and fertilizer this year.The price of 19-19-19 fertilizer was 465 a ton last year.The latest quote I have for this year is 625 per ton and I may not be able to buy the amount that I need.Carryover stocks are very low,so we need a good year to reverse that trend.A couple of droughts and people are going to be in real trouble.The USDA will issue their use and carryover report March 11,so we can lok to see if stocks are further depleted.
Gosh, and fuel is over $3 a gallon, with summer predictions running to $4 a gallon, I’m sure that will help food prices. I’m sure some jackass will be in to remind us how farm subsidies and ethanol mandates are wrecking the country.
How government makes things worse
Boston Globe | March 9, 2008 | Jeff Jacoby
Posted on 03/09/2008 9:25:00 AM PDT by Kaslin
http://www.freerepublic.com/focus/f-news/1982895/posts
Many factors are contributing to the rise, but the biggest is runaway demand. In recent years, the world's developing countries have been growing about 7 percent a year, an unusually rapid rate by historical standards. The high growth rate means hundreds of millions of people are, for the first time, getting access to the basics of life, including a better diet. That jump in demand is helping to drive up the prices of agricultural commodities. Farmers the world over are producing flat-out. American agricultural exports are expected to increase 23 percent this year to $101 billion, a record. The world's grain stockpiles have fallen to the lowest levels in decades.
“666”
Congress could have drilled for oil in Alaska and freed up lots of farm land for food. But some in government aren’t about making life easy for citizens. Instead, by limiting our oil purchasing and forcing us to buy from some very anti-American types, while also assigning a moral value to fossil fuels means that we’re forced to use our farm lands to grow bio fuels. This maliciously forces us to pay more for twindling oil and food resources.
Revelations chapter 6, verses 6:
6
I heard what seemed to be a voice in the midst of the four living creatures. It said, “A ration of wheat costs a day’s pay, 6 and three rations of barley cost a day’s pay. But do not damage the olive oil or the wine.”
Footnote 6: 6 [6] A day’s pay: literally, “a denarius,” a Roman silver coin that constitutes a day’s wage in Matthew 20:2. Because of the famine, food was rationed and sold at an exorbitant price. A liter of flour was considered a day’s ration in the Greek historians Herodotus and Diogenes Laertius. Barley: food of the poor (John 6:9, 13; cf 2 Kings 7:1, 16, 18); it was also used to feed animals; cf 1 Kings 5:8. Do not damage: the olive and the vine are to be used more sparingly in time of famine.
Hey, that makes three “6’s” in a row, chapter, verse, footnote. Scary, huh?