Fastest Food Inflation Since Riots Means Milk Up 39%

Remember the spiking food prices and global riots in 2008? If you are living in the developed world you may have seen upticks in your food bills, but people like those in Haiti were reduced to eating mud and getting bullets in the backs of their skulls.

Things have eased somewhat but looks like we're about to hit another ugly patch. There are a few bright spots, like increased global wheat production, but its been a staggeringly bad year for crops in general, globally speaking.

“The politicians had best be able to at least feed their populations or they’re going to have uprisings,” said Jeffrey Saut, chief investment strategist at Raymond James & Associates in St. Petersburg, Florida. That's an ugly little piece of advice for the develped world, isn't it?

Dec. 14 (Bloomberg) -- Falling production in commodities from rice to milk is bad news for just about everyone except investors.

Rice may surge 63 percent to $1,038 a metric ton from $638 on Philippine imports and a shortage in India, a Bloomberg survey of importers, exporters and analysts showed. The U.S. government says nonfat dry milk may jump 39 percent next year, and JPMorgan Chase & Co. forecasts a 25 percent gain for sugar. Global food costs jumped 7 percent in November, the most since February 2008, four months before reaching a record, according to the United Nations Food and Agriculture Organization.

Farm prices this year lagged behind copper futures that doubled and oil’s 57 percent increase. A recovery from the worst recession since World War II would spur food demand and boost costs for buyers of commodities including milk processor Dean Foods Co. while increasing the number of hungry people that the UN says now exceeds 1 billion.

“Agricultural commodities will be a great investment in the next three to five years,” said Oliver Kratz, who manages $10 billion as head of Global Thematic Strategy investments at Deutsche Bank AG’s DB Advisors in New York, including $3 billion in agriculture. For those who can’t afford to pay more for food, there’s the “painful” risk of hunger, he said.

Expanding populations and higher incomes are boosting consumption in China and India. China’s milk demand is recovering after domestic supplies were tainted with melamine, a chemical used in making plastics that killed at least six babies and sickened almost 300,000 children. Droughts in India and Argentina and typhoons in the Philippines have reduced output.

More at source:
www.bloomberg.com...

Falling production in commodities from rice to milk is bad news for just about everyone except investors.

Ya know... I am sick of watching the rich get rich off of OUR suffering. When is it gonna end???

What they are doing in the US if any of you who live in the US with me may or may not have noticed. Is that food packagers are putting the food in smaller containers but leaving the price the same. This is inflation believe it or not, but they hide it by reducing how much you used to get. Hide the inflation, hide the inflation, thats what is important. Hitlers propaganda minister Joseph Goebbels has a quote that is very fitting to what is going on. He says "If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State."

I bring this out to show that is what has been going on in the US for decades. Almost all of us have been protected from the consequences of our political, academic and religious leaders because if we new how much they have screwed us we would revolt. It's all about keeping the serfs content while you take their future away from them.

Originally posted by wylekat

Falling production in commodities from rice to milk is bad news for just about everyone except investors.

Ya know... I am sick of watching the rich get rich off of OUR suffering. When is it gonna end???

when you ( the people) end it...

Related: www.abovetopsecret.com...
www.abovetopsecret.com...

Awesome about the milk. I hope it gets so expensive everyone stops buying this white poison that's filled with Pus, Antibiotics and Urine that the government admits they cannot filter out.

People will be Much healthier for it.

Originally posted by wylekat

Falling production in commodities from rice to milk is bad news for just about everyone except investors.

Ya know... I am sick of watching the rich get rich off of OUR suffering. When is it gonna end???

When people start taking responsibility for their own lives and stop simply whining about it all while expecting others to fix it.

There is a lot that people can do themselves. The first thing would be to learn about agriculture, sustainability and self-sufficiency.
The second thing would be for people to put what they learn into practice.

These people only become rich off of the suffering of others because those others let them. People are continually lazy, ignorant and materialistic. They complain about all of this while doing absolutely nothing themselves.

If we all started providing the basics for ourselves, invested our money in genuine ways to support ourselves and our families instead of in gadgets that we throw away after a month, maybe then these people wouldn't be getting rich from others suffering?

People still want branded clothes and expensive toys made in sweat shops in China for next to nothing and sold by American corporations at 200% mark-up. Instead, they should be spending that money on seeds, solar and wind energy production, education, community...

Until they do nothing will change. And they won't do it until people start dying in massive numbers and then they'll have no choice but to try to survive.
People need to start now or risk being one of the victims. I'd dare say that of you live in the US and you haven't started planning for the collapse of the $ your chances of surviving it with any remotely decent standard of living are shot.

[edit on 16-12-2009 by detachedindividual]

Originally posted by wylekat
Ya know... I am sick of watching the rich get rich off of OUR suffering. When is it gonna end???

When there are no longer suckers born every minute?

even this topic has been talked about many times before.any of you guys heard of CODEX ALIMENTARIUS it comes into force from dec31 2009

here`s the link

www.abovetopsecret.com...

reply to post by hoghead cheese


this is very true. It is most noticable in tuna. First a 7 oz can, then a 6 oz, now a five oz. Peanut butter manufacturers are putting a "dimple" in the bottom of jars, reducing the content by 2-4 ozs. Price stays the same, and f you don't closely investigate what you're buying, you'll never notice

Why are we importing things like rice while we use taxpayer dollars to pay the big farm conglomerates subsidies, to not plant rice?

This goes for pretty much anything that we could be growing here.

We subsidize corn so that they can make a piss poor inefficient ethanol product to burn for fuel and increase the price of corn for food. Meanwile we've shut down drilling on some of the most massive oil and gas fields in the world (Gulf of Mexico, under the Rockies, field thart runs from South Dakota to Pennsylvania) so that we can continue to pay for it to be brought from other countries.

Small farms are nearly gone. Local produce efforts come under tighter and tighter constrictions and genmod garbage is shoved down our throats.


The only reason there are any 'shortages' of food in this world are because the powers that be are allowing it to be done in the name of control and profit.



[edit on 20-12-2009 by badgerprints]