Garden Like Your Life Depends on It!

Friday, April 4, 2014
By Paul Martin

Holly Deyo
StanDeyo.com
April 4, 2014

WHY ARE FOOD PRICES SO HIGH?

Everyone is complaining about sky high food prices. Why are they going nuts? The fault is mostly due to harsh weather conditions of drought, vicious storms, floods, soggy soil, hail, frost and ice, and ferocious winds. Escalating extremes have beaten fruits, vegetables and farm animals to death around the world and we’re paying for it – literally. In the last 3 years, America was slammed with 32 multi-billion dollar disasters that for the most part, hit during crop-growing seasons. The 2012 Drought / Heatwave alone took a $30 billion bite out of peoples’ pockets.

For the past three years drought has decimated Texas cattle herds by over 2 million head. Now California’s cattle are getting smacked. This is small potatoes by comparison, but last year South Dakota lost 30,000 head – frozen in a single November blizzard. Our neighbor to the south, Mexico, lost 1.7 million head in 2011 due to drought. There are other cattle losses as well, but there’s not time to document them all.

It used to be that cattle herds took about 3 years to replenish. Experts stated this week it could take the rest of this decade – 6 years – to rebuild America’s beef and dairy livestock. That’s double the norm. Meanwhile, food prices continue to ramp up. That’s if no more catastrophes descend. How much do you want to bet on a lucky break? In the first 3 months of this year, 1/3 of the U.S. is in USDA-declared crop disaster areas.

Gas prices are moving up again with Brent Crude kissing a $100/barrel yesterday. It costs more money to move produce, dairy and meat from farmer to fork. Also, more countries are eating better so farmers ship more food to other nations. This puts a squeeze on our supply. Then there’s the idiocy of bio-fuels, which takes another bite from food stocks. However, the most direct and dire cause of rising food prices is unquestionably weather disasters.

The Rest…HERE

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