I’ve written before about the impacts that this has had throughout the food production chain. It isn’t trivial. And will continue to impact us for a year at least, maybe more. That’s the problem with long term production chains … an early impact (corn feed for beef, for example) can take a year or more to work through the system (how long till that cow is ready?)
Of course we’ll see immediate impacts, because of the laws of supply and demand. Ranchers slaughter their cows early to avoid the feed price increases. Beef prices drop due to a glut of supply. Herd sizes shrink, causing low supply next year, and beef prices skyrocket.
Yet here, we’ve had a COLD summer, and wet as well. I looked at the weather record so far this month, and we haven’t hit average temperatures at ALL in July. Not even once.
And it’s been WET. Tonight it was POURING. My tomatos and peppers are very unhappy.
As my beloved wife says on occasion, we shouldn’t be wearing sweatshirts in July.
It just goes to show that you can’t predict the future and how it will affect you. And just because it affects you one way doesn’t mean it’ll hit everyone like that. Just like weather in Kansas vs here in Seattle.
And since you can’t predict what will happen, predict the most likely scenario(s) and then figure out what happens if you’re wrong. And account for that as well.
So think about that as you lay in your preps and make your plans and build your self resilience systems. Produce your own stuff, and lay in stores for the stuff you can’t produce. At worst, you smooth out those supply and demand curves…