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Food prices expected to rise as U.S. suffers through worst drought in half a century
This entry was posted in Civilizations unraveling, Climate unraveling, Dark Ages, Drought, Earth Changes, Earth Watch, Environmental Threat, Extreme Weather Event, Food chain unraveling, Heatwave. Bookmark the permalink.
yep the prices will rise more and more…not just for the drought…they have to have enough to line the pockets….(smile)
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this could be the best thing ever to happen to the US….no wheat or corn or soya added to food in order to make more money and people will have to eat less or eat more fruit and veg….dear God, they may even end up healthier!!!
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But yet we continue to not let the market work, and, in effect, force more crop land into producing fuel. The Ethanol mandated use of “Ethanol” continues to rise, to the point with the declining use of gas we will soon be forced to use E15. Which, BTW, will violate the new car warranty for the majority of new cars sold in the us. Let alone destroy boats and outdoor lawn equipment.
But it also has the nice effect of increasing the use of genetically modified corn, that is not suitable for human consumption.
Yes, Brazil uses Ethanol, and yes, it USED to be a prime fuel source, but they let, in this case, the market work, and because sugar prices are up, and they currently have a plentiful supply of their own oil, Ethanol use is fairly low. If world sugar prices plummet, yeah, they will likely go back to using Ethanol.
Remember this in November!
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The food prices will be going up as well as fuel and other commodities globally. Canada is also feeling the drought
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Another sign of the times that was predicted so long ago. Droughts affect everyone in the society that they hit, but I for one believe that we need to produce corn for food (not “fuel”) and need to stop paying farmers not to farm. The only reason that Uncle Sam keeps the subsidies in place is so the wealthy absentee “farmers” in NYC can keep getting that check and so that food prices stay artificially high due to a “lack” of supply.
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July 25, 2012
Rows of corn stalks in a field south of Blair, Neb., this week.
The drought-damaged field was cut down for silage.
Scorching heat and the worst drought in nearly a half-century are threatening to send food prices up, spooking consumers and leading to worries about global food costs.
On Wednesday, the government said it expected the record-breaking weather to drive up the price for groceries next year, including milk, beef, chicken and pork. The drought is now affecting 88 percent of the corn crop, a staple of processed foods and animal feed as well as the nation’s leading farm export.
The government’s forecast, based on a consumer price index for food, estimated that prices would rise 4 to 5 percent for beef next year with slightly lower increases for pork, eggs and dairy products.
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