Food as an investment – Preparing now for a food crisis
NaturalNews.com
Saturday, December 26, 2015
People all over the US are feeling a sudden pinch on their food budgets. This is a result of a convergence of events that have spiked prices for everyday items like meat, eggs, dairy but also natural events like drought, floods, snow. (Story by Ray Gano, republished from Prophezine.com)
ALREADY food prices have gone up 0.4 percent in February.
Love steak? Beef shoppers have faced some huge increases in this past year. In fact average beef prices have jumped 4 percent just in January.(1)
For the past year I have been warning people of rising food prices and what I believe will happen a lack of food on the shelves.
Well let me correct that, there will not be a “lack” of food, there will be a lack of “affordable” food and people will be priced out of the market.
Being dead of winter we are also seeing citrus rise like oranges, which have gone up 3.4 percent since last month.
The ever rising prices are forcing consumers to make tough choices at the grocery store, considering lower-cost cuts of meat or eliminating some items altogether.
Businesses are also feeling the sticker shock and being forced to make adjustments.
Some high-end restaurants are reducing the size of steaks or cutting them thinner to avoid raising menu prices; fast food giant McDonald’s has actually been closing shops all over and where they remain open, they has warned customers that they may have to raise prices on some Dollar Menu items.
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