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Tag: food prices

Calm before the panic buying

Calm before the SHTF panic stormThere is enough fear mongering these days without my help. With that in mind, please remember that this article is just my personal opinion and it not meant to interpreted as fact.

I feel that we are in a calm before the storm. Not necessarily a SHTF storm, but a panic buying storm.

From August until the first part of 2012:

August and September: Kids are starting back to school in the next few days, parents are having to buy back to school supplies, clothes, meet the teachers and get their kids shots caught up. Right “now” parents have a lot to think about and worry about besides prepping.

Labor day: is right around the corner.

October: Halloween in October.

October and November: Hunting season starts.

November – thanksgiving.

December – Christmas and then New Years.

People have stuff to keep their minds occupied until the first part of 2012. After the turn of the year, I look for people attention to turn towards world events and the direction this nation is going.

After new years I think is when the panic buying mode is going to kick in – and especially after people start getting their income taxes back.

Continue Reading….

Expect another bubble in 2011

Expect another bubble in mid-late 2011, but this time in the heart of america – our farms and our breadbasket.  Over the past decade the prices of farmland has been steady rising.  This year, due to failed crops in Russia, prices are at a nice high – but its not going to last.  Because of the increased profits, farmers are spending more money, buying more equipment, and a lot of them are going deeper into debt. All backed by the banks. Article 1 – Analysis: In Midwest, a farmland bubble may be growing Here is the problem, the currently high wheat and corn prices are being fueled by crop failures in Russia. Putin also signed an order blocking all grain exports until July 2011. Article Continue Reading….

2009 food prices

An article posted on MSN should be great concern to everyone that eats some kind of food. Nothing but worse for Texas drought According to that article, 97% of Texas is in a drought. Some people might be saying “so what?” Well, there is a lot to be worried about. Texas is the 2nd largest agricultural state in the nation. Everything from beef to zucchini is grown in Texas. That means, if Texas has a bad drought, and crops fail, the price of food goes up nation wide – maybe even on a global scale. With so many people out of work, high food prices is the one thing we do not need right now. The concern should not only on on Texas, but other Continue Reading….

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