Food Price Inflation Scares The Fed: Title fo article

I have asked myself more than once how the government bean counters can figure the rate of inflation without factoring in fuel and food / which they don't !.. Nice way of showing low inflation without using all the numbers that represent what our society has to spend money on to survive, No?

The herds of cattle in the USA is at a low not seen sense the early 50s.. Expect the price of beef to continue to rise.

This article is from March 14, 2014 and as anyone who has shopped for food this year $100 does not go nearly as far as it did in the beginning of 2013...

Margin debt on stocks is now higher than at its last peak in 2008, right before the stock and commodity markets crashed. This willingness to speculate on margin may also explain the big jump in food prices since the first of the year as shown below:

Cattle Hogs Grains Milk Coffee

+28% +25% 14% +17% +67%

Over the next couple of months, the rise in wholesale commodity prices is going to start hitting consumer pocketbooks very hard. More worrisome, the rising price action will encourage morecommodity futures speculators to jump in and continue the rapid price escalation. If the Fed does not get ahead of this coming tsunami of greed, they will be in a similar situation as when food prices took off in 2008.

www.americanthinker.com...

reply to post by 727Sky


Yeah they've been lying their behinds off for quite a while. Anyone who has to eat, drive or heat their home is aware so I don't know who they think they're fooling. Inflation is obviously much higher than they want you to believe.

They will play the game with our money. And we will go hungry.

The elite want to starve us into submission as that has been the plan for a very long time. I keep telling people to stalk up on supplies especially seeds for the garden they will need.

But I'm just told that I'm crazy and all is well...No worries...Never happen.

Oh eell.

Peace

i agree with jude...time to grow your own veggies and grains,if u like coffee thrown in a couple of coffee bean trees,on the upside it is not a bad thing to cut down on your meat consumption...

the only vegetables i need to buy at the moment is cauliflower,broccoli and potatoes as they are a winter crop...everything else i have right outside my front door,i even have cows i could milk should it get that screwed up

hopenotfeariswhatweneed
i agree with jude...time to grow your own veggies and grains,if u like coffee thrown in a couple of coffee bean trees,on the upside it is not a bad thing to cut down on your meat consumption...

the only vegetables i need to buy at the moment is cauliflower,broccoli and potatoes as they are a winter crop...everything else i have right outside my front door,i even have cows i could milk should it get that screwed up

This will help:

www.seedsnow.com...

Peace

jude11

hopenotfeariswhatweneed
i agree with jude...time to grow your own veggies and grains,if u like coffee thrown in a couple of coffee bean trees,on the upside it is not a bad thing to cut down on your meat consumption...

the only vegetables i need to buy at the moment is cauliflower,broccoli and potatoes as they are a winter crop...everything else i have right outside my front door,i even have cows i could milk should it get that screwed up

This will help:

www.seedsnow.com...

Peace

why thankyou...although i have my own collection of heirloom seed....i let a few of every plant go to seed for that purpose...im very close to only needing to buy milk and meat,i am well on my way... by the end of this winter i should be good to go (not that we have much of a winter where i am)

reply to post by 727Sky


the fed uses the same mathematics that the U.S.government uses.
it omittance based addition and subtraction.

all the bureau's and bureaucrats love it, doesn't surprise me that the fed does too.
helps them to hide the truth.

reply to post by 727Sky


You might want to look at these. The Everyday Price Index and Why Inflation isn't what You Think it is These don't fit with the narrative. The Fed knows what true inflation is but they'd never say.

reply to post by 727Sky

Another "whami" on the way soon is California drought..zero water for entire aqueduct stem supplying central valley for at least a year.

Another "whami" on the way soon is California drought..zero water for entire aqueduct stem supplying central valley for at least a year.

reply to post by Granite


Excellent point....the drought in California is going to drive inflation for root crops in the US through the roof....

Show of hands if you’ve done any of the following this week: Eaten a green salad, stirred fresh berries into your yogurt, snacked on nuts, or made marinara with canned tomatoes. If the answer’s yes to any of the these, California’s deepening drought should be on your radar.

Without the Golden State, our supermarket produce sections would either spend half the year mostly empty, or packed with pricey imports. California produces nearly half of all U.S.-grown fruits, vegetables, and nuts, including lettuce, strawberries, grapes, tomatoes, walnuts, and almonds. It also yields the lion’s share of our broccoli, cabbage, cauliflower, spinach, peppers, garlic, kale, lemons, limes, celery, eggplant, and avocado. And when Mediterranean-native figs, dates, artichokes, olives, and pistachios are grown here at home, it’s in California 99% of the time, says the US Department of Agriculture (USDA).

How California drought is going to change your diet...HERE

Things are fixing to get much worse.

reply to post by hopenotfeariswhatweneed


you're aware coffee trees are only able to grow in certain climates (not temperate ones for the most part; they don't like snow);

Edit: well apparently you can grow them indoors; just takes a long time; Yerba tea would be quicker; possibly a stop-gap solution for a few years;

>Note: it seems like a lot of work for something that's not going to produce that much coffee; I drink a lot of coffee though...

Yes, I can grow food to keep myself alive, in fact I could probably just hunt and gather enough to keep myself alive if pressed to do so.
However, I cannot grow coffee or chocolate in my climate so what would be the point of going on if those two items are removed?

reply to post by deadcalm

Precisely...
Sell your BNSF stock because the cross country hauls will evaporate...karma for Mr. Burchire Hathaway!

I live where the seafood is plentiful.....unfortunately that is on the west coast......
The climate will allow many things to grow here though.....
Unfortunately I live aboard a boat......(storage is a premium)
Think ill just stock up on coffee and fishing gear......

reply to post by 727Sky


The Devil is in The Details.

That's All Folks! www.youtube.com...

S&F

Another take on what may be coming.. more or less world wide. Doom porn or a reality ? Youtube is full of just about any scenario you can imagine... One other thing we pedestrians have to consider is the premiums for Obamacare will no doubt (IMO) be going up due to lack of sign ups and inflation. Many things in the works to pull the roof out from many Americans. Ill conceived and certainly poorly executed by any measurement... It will get worse and then "walla" the single payer source will be unveiled....

Neocons and war.. actually found this rather interesting

I live in the central valley of California, and I will tell you, lots of land that normally is planted, is going to lay fallow this year. food prices will go up, but imports from Mexico and South America should ease the pain. so I don't see the gloom and doom scenario, unless we get multiple years of drought....if that happens, all bets are off. I hate to use clichés, but, there is a reason why they are clichés.
this article even though it's from 2012, gives you a well-written idea of the massive scale of food production here in California...
www.nytimes.com...

jude11
They will play the game with our money. And we will go hungry.

The elite want to starve us into submission as that has been the plan for a very long time. I keep telling people to stalk up on supplies especially seeds for the garden they will need.

But I'm just told that I'm crazy and all is well...No worries...Never happen.

Oh eell.

Peace

Unfortunately earth changes are going to make it very hard for most to grow their own food. We used to have all the greens we wanted at least, year round with the green house and now nothing grows. Things have changed and will change more.

People need to at least keep a few very cheap things, 5 gal beans 5 gal rice and a lot of water stored.

reply to post by NonsensicalUserName

>Note: it seems like a lot of work for something that's not going to produce that much coffee; I drink a lot of coffee though...

This might be a good time for people to get a handle on any addictions they have. Can we live without, coffee, tea, soda.

Usually I don't get involved in threads like this because so few really know how the food industry or supply/demand really works.

But there is some good info from many of you.

I've been saying, for about 2 years now, that we need to be very careful and watch what is happening to the food supply. There are many reasons to be concerned.

If you really want to know what killed the beef market, it's not drought.......it's ethanol.