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Food Price Surge Is Unlikely to Revert
rabobank.com ^ | 3/1/21 | AGRI Commodities Market

Posted on 03/27/2021 5:00:10 AM PDT by Roman_War_Criminal

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To: Roman_War_Criminal

Rabobank? Don’t you mean Mechanics bank?


21 posted on 03/27/2021 6:23:57 AM PDT by lewislynn ( )
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To: Ken522

We should turn our farms over to the gov’t /s


22 posted on 03/27/2021 6:34:03 AM PDT by Karoo
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To: Ken522

Issue trillions more dollars and everything will be ok.

+$7.50 gas and diesel will be another positive step towards correcting inflation along with new mileage taxes.

The future is bright as the sun, or is that a tactical nuke headed our way?


23 posted on 03/27/2021 6:35:43 AM PDT by zek157
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To: Basket_of_Deplorables; cuban leaf
“How about lumber.”

You're not kidding. I retired last year and finally had a chance to get into woodworking, but my wife and I get sticker shock just walking through the lumber section of Home Depot-- and a lot of the wood is crappy. They should be ashamed to be selling it!

24 posted on 03/27/2021 7:01:42 AM PDT by fidelis (Zonie and USAF Cold Warrior)
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To: SisterK

Get those raised bed and container gardens going. We ate from our small 4x8 raised bed and a bunch of containers all summer last year. I am planting now. Kale is already up. Collards, mustard greens and onions going in today. One more week and the bush beans and cucumbers go in. Tomatoes, potatoes, spinach and eggplant in buckets. The yields are great!


25 posted on 03/27/2021 7:11:57 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Roman_War_Criminal

We need to stabilize, perhaps even shrink, the money supply.

Back to the gold standard?

Abolish the Fed!


26 posted on 03/27/2021 7:30:39 AM PDT by TBP (Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters. )
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To: fidelis

Our building was finished just before the surge. I built a lot of shelving with $7 OSB and $4 2x10’s. Now the osb is $35. I’m going for other materials. I found some really nice 5mm paneling that stains beautifully and has a thin MDF center and is strong enough for my purposes for $14.99.

Holy crap! I just checked it out at lowes. It’s now $25.50!
https://www.lowes.com/pd/RevolutionPly-5mm-Poplar-Plywood-Application-as-4-x-8/50121135


27 posted on 03/27/2021 7:43:41 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: Roman_War_Criminal; 4everontheRight; 4Liberty; 5thGenTexan; 45semi; 101stAirborneVet; 300winmag; ...
Prepper Ping - food and comodities price rise expected

Roman_War_Criminal: "Agricultural commodity prices have surged almost 50% since mid-2020, causing concerns over food price inflation around the world
and sometimes resulting in increased export taxes and quotas by producers at a time when importing countries want to import more."

"We can identify four major factors driving the surge across agri commodities that will remain active in 2021:
#1) US dollar weakness: Rabobank forecasts the US dollar to remain soft through 2021
(US dollar index -7% lower since mid-2020), but no further weakness is expected.
#2) Weather: La Niña could extend into the US spring planting season.
#3) Global demand: Good global demand (either for animal feed or storage) to continue through 2021.
#4) Speculation: Speculative appetite is likely to support prices through 2021."

Another FReeper suggested #5) Deposition of President Trump
One can't help but agree, since Trump is renowned for his negotiating methods and skills.
Coincidentally, there are large massive areas of the US and Russia that are experiencing seasonably lower snow cover
and resulting water that may affect grain and feed productivity.
More information in the OP.

28 posted on 03/27/2021 7:45:09 AM PDT by Tilted Irish Kilt
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To: cuban leaf
cuban leaf :" ..really nice 5mm paneling that stains beautifully and has a thin MDF center and is strong enough for my purposes for $14.99.
Holy crap! I just checked it out at lowes. It’s now $25.50!"

Destructive weather, tornadoes, floods, along with the after-effects of the covid-19 pandemic,
and resulting lock-downs have affected the lumber industry.
This has resulted in an unseasonably high demand and low supply of lumber and wood materials.
I am not sure, but I believe that Canada was thinking about imposing a surcharge on wood products when the PM was miffed at the USA.

29 posted on 03/27/2021 7:53:21 AM PDT by Tilted Irish Kilt
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To: cuban leaf

“ A 2x4 was around $3 and now it’s over $7. But OSB sheets have gone from $7 to $35”

I just got a fantastic price for a timber sale. The demand is through the roof, and mills are desperate for timber. Supply and demand in action.


30 posted on 03/27/2021 7:54:08 AM PDT by bk1000 (Banned from Breitbart)
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To: Tilted Irish Kilt

I’m only buying minimal materials to get the walls up in the “office” section of the shop building. Then it’s all gypsum board, which is still pretty cheap.

I’ve read some articles that talk of a housing boom. That is coming to an end and we’ll see prices crash, other than what is due to simple inflation.


31 posted on 03/27/2021 7:55:58 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: bk1000

I have about 25 acres of trees. Perhaps I should think about selling some of it.


32 posted on 03/27/2021 7:56:45 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: SisterK

Thank God for the dollar store. I buy many groceries there and so far they haven’t raised prices.


33 posted on 03/27/2021 8:05:29 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 )
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To: cuban leaf

If you have some good saw timber, now is the time. We had a sealed bid auction with about ten bidders. The winning bid was considerably higher than the second place. Some buyers are more desperate that others.


34 posted on 03/27/2021 8:05:42 AM PDT by bk1000 (Banned from Breitbart)
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To: metmom

Your lucky our HOA bans gardens.


35 posted on 03/27/2021 8:06:24 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 )
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To: bk1000

How do you even start such a thing?


36 posted on 03/27/2021 8:17:28 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: cuban leaf

I work with a forester who sets everything up. Easy-peasy.


37 posted on 03/27/2021 8:20:09 AM PDT by bk1000 (Banned from Breitbart)
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To: bk1000

I just checked this: https://www.srs.fs.usda.gov/econ/timberprices/answers/

Looks like you earn your money...


38 posted on 03/27/2021 8:20:21 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: bk1000

Sounds like that link was the exactly right place for me to go...


39 posted on 03/27/2021 8:21:43 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: Roman_War_Criminal

AU


40 posted on 03/27/2021 8:31:58 AM PDT by Uncle Miltie (Trans Undocumented. Anti Woke Supremacist. Covid Abortionist.)
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