commodities
day to day issues
eating
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life
prices
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starvation
what it all means
High Prices, Food, Starvation, USA
By CraftyCorner
@CraftyCorner (5600)
United States
April 29, 2008 7:54pm CST
We are seeing high prices, speculation on food commodities, biofuels supplanting food crops in commercial fields, starvation and riots in foreign lands, and in the USA, rationing of super size bags of rice in warehouse stores like Cost Co in some US states.
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What is going on here? Is this another bubble fixing to burst? Is it something more? There are multiple arguments for both.
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The argument that this is runaway dire is that people are scared witless and are hoarding pricey crops. Instability is spreading, Earth itself is showing instability in the news with reports of earthquakes, volcanoes, drought, floods, you name it.
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The argument that this is just a speculation bubble state that the foodstuffs that are commodities are going up and other foodstuffs are not. Note potatoes. Orphan food products are not going up as much because they are not bought and sold by speculators. They are traded regionally (between countries, or within countries). Example of orphan crops are Ethiopian tef, finger millet, yam, roots and tubers. Dandelions are actually a crop too, as they end up in high end salads when they are not at the business end of Round Up.
1 person likes this
3 responses
@nancyrowina (3850)
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30 Apr 08
Food prices are going up in the UK too it's going to happen everywhere over the next few years. Apparently there is going to be world wide food shortage in a few years and they are trying to encourage us to consume less now so it won't be so bad when it does hit us. I also heard the other day though that farmers all over the world have been letting fields fallow for years waiting for this to happen and are going to start growing crops again now the prices have risen. So it's probably just another way for big companies to make money out of us, I just wish I had the money to buy my own property and grow my own food and keep a few animals so I didn't need to buy so much food.
1 person likes this
@CraftyCorner (5600)
• United States
30 Apr 08
I'm in an upstairs apartment but I am able to grow a bit of my own food in container pots with a florescent night-light plus daylight. That cuts some of my food bill down. My potato plant is doing great.
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Ironically, I started this before the food price insanity started. My problem was getting around as I'm a partial shut in. Getting fresh food like fruit and veggies was difficult as I could shop just once a month. Having food growing under foot solved that problem.
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@BUSSY1979 (1283)
• United States
30 Apr 08
i agree with you. i think the U.S. economy is going through another depression era. hopefully not though, but i think it will come. don't you?
1 person likes this
@jhl930 (3601)
• United States
30 Apr 08
things are really getting hard now...i mean everything is going up like you were talking about the food gas everything like that is going up and people aren't really going to be able to get better oranything like that as far as the money situation...i think that its horrible that things are going up and that not all people can eat like they want to
@CraftyCorner (5600)
• United States
30 Apr 08
The only thing not going up is my SSD! The government simply tells me I need to 'budget wisely'. But how do I budget wisely with less and less each and every single day?




