I noticed too that pecan sandies are now 15% smaller, but doubled in price, locally. Also I live in a large dairy/cattle region and the price of beef is set to skyrocket. The buying time is NOW as farmers are culling their herds and the price has lowered. Besides corn, cattle also eat hay (the price of hay has doubled in this region due to flooding earlier in the year), in fact all the cattle I have seen in this area (there are several farms nearby), eat hay. My parents live on the other side of the country and my dad mentioned that due to flooding, the farmers there weren’t able to plant their crops until very late also, and that they expect cattle in that market to become very costly too.
Just a heads up.
I’m in Texas and everyone has already or is on the brink of selling off their cattle. However, grocery beef prices have not come down. The reason, crazy as is seems, it’s being shipped to China. Yes, no matter what the price of beef is today, it’s only going to skyrocket over the next few months to two years. It’s going to take time for the rains to come, then for the feed to be planted and harvested, and then for the new calves to grow to market size. The supply and demand will be great getting herds started again and ranchers will be paying out the wahzoo just to buy new stock. Let’s face it, it’s all gone down the toilet. Today will be looked upon as the good ol’ days.