Remember hearing something about a drought across parts of the US this year? If you buy anything with peanuts, you’re about to see the effects of a low harvest caused by the drought. Get ready for some high food prices, they are on their way.
Normally I do not subscribe to the doom-and-gloom predictions, but I am seeing it first hand.
Farmers here in Texas are losing crops, and having to sell their cattle because grass is not growing. Texas and Louisiana agreed to allow wide loads of hay to be transported between the 2 states. Here in Jasper County Texas, I see trailers loaded down with rolls of hay going through the city on a regular basis. Importing hay from Louisiana is one of the few options cattlemen have right now.
Because of farmers selling off their cattle herds, the price of beef might be artificially low right now. If the sale of cattle starts to slow down, we might see the price of beef jump.
Young and old trees are turning brown and dying. Back in February of 2011 my kids and I planted some oak trees at the Bug Out Location. Due to the lack of rain fall, and not being able to make regular trips to the camp to water the trees, the leaves have turned brown and the baby trees might die.