How to prepare your family to survive and thrive in todays uncertain world

Are You Ready For The Imminent Food Price Increases?

A year or two ago, I don’t recall exactly when, I had a post about the rising price of food.

I read an article a day or two ago that makes me worry again. See, as we all know, there’s quite a drought going on in many parts of the country, with record high heat waves sweeping across the nation.

Where’s the impact to the food supply? Corn. Corn yield estimates are down about 10% already, with almost a quarter of the nations corn fields considered in poor condition.

Corn prices are up 27% so far this month. Wheat is up about that much too.

Now what’s in just about all of the commercial food sold? That’s right. Corn and corn derivatives such as high fructose corn syrup.

I’m sure you can do the math on what that’s likely to mean for food prices. Supply and demand, right?

But wait, there’s more! What eats corn? Most of the cattle we eat in this country as well as a fair amount of other livestock such as pigs, sheep, and the like have diets that are predominantly based on corn and other grains.

Last time this happened ranchers sold their herds off way before they normally would so that they didn’t have to pay the massively inflated feed prices. This resulted in cheaper beef for a bit, followed by massively higher prices when the glut in supply turned into a dearth.

We’re keyed up for this to happen yet again.

Are you ready?

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3 Responses to Are You Ready For The Imminent Food Price Increases?

  1. Thanks for all your news and tips, Rudy! Just want to say it’s not too late for people to put in some kind of garden or containers–veggies can be grown in fall and winter in cold frames in most locations. Think about getting a few laying hens or rabbits if your neighborhood allows it–they’re pretty low maintenance. I also recommend that we all scout out local sources of food to buy or barter for–from garden produce to eggs and even meat. Many small farms and backyard homesteads do not rely as much on corn and wheat for livestock feed. If you can’t grow food, can you make or do something else to barter with? We may be headed in that direction!

  2. I agree with Marie. Failing that then visit local farmers markets, buy in bulk and prepare for winter. Whatever I don’t grow enough of I purchase from them. It helps support the local economy. Don’t forget to visit local apple orchards as well.

  3. It is not just the grains, as I watch the live cattle auction this moring with my husband, there was a ranch selling off
    there herd of young livestock. The auctionner said they had to go since the ranch was totally out of hay to feed them and no water for their animals. That was in Arkansas, and it has to be occuring in other areas. We watch the auctions to see what the cost of livestock are bringing.