Inflation and the cost of food

Whether the increase in food prices will be .1% or 10% is beside my point here, The point is that we should be doing our absolute best to be following commandment and getting our food storage. We need to care for our families and our bodies the best we know how. Regardless of our knowledge level, action is needed. If you need something to motivate you, then real life possibilities can be tools of propulsion. (had to use spell check to figure out that one!)

Here's the articles link. Here are bits to give you an idea of it's content:

http://inflation.us/foodpriceprojections.html :

"The report highlights how despite cotton rising by 54%, corn rising by 29%, soybeans rising by 22%, orange juice rising by 17%, and sugar rising by 51% during the months of September and October alone, these huge commodity price increases have yet to make their way into America's grocery stores because corporations have been reluctant to pass these price increases along to the consumer. In today's dismal economy, no retailer wants to be the first to dramatically raise food prices. "

I've had to update my "low price" on my food storage shopping lists already this year -
see http://www.inflation.us/quantitativeeasing.html from this week.

"The agricultural commodity price increases of the past two months will begin to make their way into all supermarkets nationwide during the next few months. Americans who have been struggling just to make their mortgage payments, will now be forced to stop paying their mortgage in order to buy food. Instead of hoping to get the latest Apple gadget for Christmas this holiday season, American children better be grateful if their parents are able just to put food on the table."

Stock up now if you've been procrastinating, Update and rotate any food storage that you are behind on. and buy smart. Even if this is exhibits itself at a lower percentage, I guess splurging and treats are yesterday's habits. And my days of smiling and saying that someday I'll learn how to make bread are definitely gone.

Wheat futures are currently trading for $7.14 per bushel
and the average grocery store sells a 24 oz loaf of the cheapest
store brand of wheat bread for $1.69.
Based on the way NIA calculates real price
inflation, by eliminating geometric weighting and hedonics,
wheat’s real inflation adjusted high in February of 1974 was
$97.37 per bushel. NIA expects wheat to reach new inflation
adjusted highs this decade and if so, the average price for
a 24 oz loaf of the cheapest store brand of wheat bread in
your grocery store will likely rise to around $23.05.

Obviously these are extremely high prices - again, I do not know that this is what is going to happen, but we can can know what IS HAPPENING...two examples: Do an internet search for current cotton prices. Take note of the effects of gov't legislation on industries that complicate simple processes and raise end of process costs - including food - all while taking away individual accountability.