Posted on 10/28/2009 2:38:29 PM PDT by blam
Buy Food Price Rises Are Almost Guaranteed
By Garry White
Published: 7:50PM GMT 25 Oct 2009
There are two main drivers of commodity prices supply and demand. This is just as true with soft commodities such as wheat, rice, sugar and cocoa as it is with copper and tin. The big problem for your weekly shopping budget in the future is that there are problems on both sides of the equation that are likely to squeeze prices higher, permanently.
However, this also provides a great investment opportunity and now is a good time to buy into many areas of food production and distribution.
In September, sugar prices hit a 28-year high after the failure of crops in India due to the poor monsoon season. Prices have fallen about 20pc since then, but are still likely to charge ahead over the longer term.
Cocoa prices are also close to a 30-year high after a mixed harvest in Ivory Coast. Production of the bean is expected to be 100,000 metric tonnes lower this year than the 1.22m tonnes produced in the country last year.
[snip]
(Excerpt) Read more at telegraph.co.uk ...
Buy Food Price Rises Are Almost Guaranteed
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lol. That British sense of humor is quirky and amusing.
I hate to grocery shop so when I go I stock up. Went yesterday and was surprised at the rise in price of almost everything!
My wife said that our grocery bill is going up by 10% a week! At Walmart!
I bought hamburger meat last week at Food Lion for $0.98/lb. Haven’t seen that low a price in a long time.
Apparently, a lot of dairy farmers are tossing in the towel due to low milk prices (sending their herds to slaughter).
If so, that sounds like higher milk and beef prices in the future.
Thanks for that.
I just read an article that said supply was still expected to outstrip demand and we could still see dairy prices fall in the grocery stores.
Apparently export demand has dried up for dairy as well.
I get annoyed seeing the ever diminishing product contents in the packaging. Ice cream, coffee, ricotta cheese (just saw that while shopping for ingredients for lasagna a few weeks ago). I’m sure there are others.
How about paper towels, laundry detergent, etc. It’s hard to keep a household budget.
Other recipes/meal planning has taught me how last nights leftovers can make a whole new lunch/dinner menu for the next day by adding a few spices from a different ethnicity. Example is hearty 13 bean soup, become been burritos the next day.
I think a lot of families have lost the art of real meal planning in our ready made world. Sure it takes some time to readjust to it, but it has been worth the effort. The family knows something is different, but like the changes that have lead to real home-cooked delicious foods.
And thank you for mentioning the website in your response to me. I will check it out.
I’m glad your homemade recipes are a hit with your family and using leftovers can make a difference in stretching the family budget.
I found a recipe for homemade laundry detergent that I am going to try. When I finally get around to it, I’ll let you know how it works!
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Prices will continue to rise for food
Recall the tv video of Obama’s face when he said “Under my plan electric rates would necessarily skyrocket.”
He knew he was on camera - you could see Obama performing his acting job as he attempted to disquise his pleasure
Chase the loss leaders.
Spend the rest on dried beans.
You know how I shop, don't go often for a huge order. I was surprised because the jump even in canned goods was not just a few cents. Most canned veggies were over a dollar apiece, I can still recall 3 for a dollar, etc.
Probably cheaper here than up north too.
Just looked at Hillbilly Housewife and bookmarked the site.
Very interesting....Thanks!
Here in the US, the harvesting of wheat and corn are being hampered by rain.
Poor summer weather here in maine hurt grains and potatoes.
We’re fortunate that we grow most of our own food (for three of us). We do a lot of canning and ‘puting by’ of food. We swap with others in our area who are better at certain things that we are. Last week we even bartered fresh raspberries for lobster.
From farm to fork, prices are going to go up. Fertilizer, transportation, processing,etc..
We also watch all the stores for sales and bargains. When it’s cheap we buy more. We’ve turned a spare room into a pantry.
My city friends think we’re a little paranoid or amusingly strange. My country friends think we’re ‘gettin’ smarter’ and give us tips.
Did I forget to mention ammo ? When welfare checks won’t buy enough, people are going to go looking for it.
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3 for a buck
Memories
ShopRite still has good buys
Pre-plan from mailed flyers
But it is a pain and I like to shop close by and quickly
What you can save on sales you can easily spend on gasoline and maintenance and insurance
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You can never have too much gun
.44-40 Winchester cartridges (My big vintage Colt) traded or lobster and beef?
Blue Glasers are nice stoppers
Like to see them tag or ID those


I KNOW I save a lot by not seeing plants, makeup, clothes, etc, etc. Tempting things that I don't even need, lol.
By the way, I am getting some extreme slowness here at times.
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