Listeners of my podcast have heard me talk about Honeyville Farms before and know that I recommend them as a place to get long-term food storage items. If you act fast, you can enter their giveaway. They are giving away 3 Combo Packs and you have until Monday, December 20th at 8pm pacific time to enter.
Go to http://honeyvillefarms.blogspot.com/2010/12/give-away.html for more info. Or click on the button in the sidebar.
Food Companies Warily Try to Pass Along Higher Costs – WSJ.com
An inflationary tide is beginning to ripple through America’s supermarkets and restaurants, threatening to end the tamest year of food pricing in nearly two decades.
Prices of staples including milk, beef, coffee, cocoa and sugar have risen sharply in recent months. And food makers and retailers including McDonald’s Corp., Kellogg Co. and Kroger Co. have begun to signal that they’ll try to make consumers shoulder more of the higher costs for ingredients.
One in Four Americans Is Enrolled in a Government Food Program – ABC News
The United States is increasingly a safety-net nation, with one in four Americans now enrolled in one of the 15 federal feeding programs. Forty-two million people currently receive monthly benefits under the Supplemental Nutrition Assistance Program, more commonly known as food stamps. That’s up by 10 million from a year ago.
(Ed. Note: Stock up now on food while it’s available and cheap)
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I decided to push out this podcast before the second part of the Bug Back podcast because I thought it was important enough for you to get this info now. Here’s a snippet from the National Inflation Association (NIA) about what we can expect prices to look like in the near future due to QE2:
“NIA projects that at the average U.S. grocery store it will soon cost $11.43 for one ear of corn, $23.05 for a 24 oz loaf of wheat bread, $62.21 for a 32 oz package of Domino Granulated Sugar, $24.31 for a 32 fl oz container of soy milk, $77.71 for a 11.30 oz container of Folgers Classic Roast Coffee, $45.71 for a 64 fl oz container of Minute Maid Orange Juice, and $15.50 for a Hershey’s Milk Chocolate 1.55 oz candy bar. NIA also projects that by the end of this decade, a plain white men’s cotton t-shirt at Wal-Mart will cost $55.57.”
You can read the entire article here.
This is the topic for this week’s podcast.
http://www.zerohedge.com/article/quick-glance-real-world-inflation
http://www.guardian.co.uk/environment/2010/oct/25/impending-global-food-crisis
Stock up on food now while it’s still (relatively) cheap.
Rob
