Sub_Umbra
Flashlight Enthusiast
I've been following the West's relentless drive towards using more and more ethanol as a portable fuel and it's inescapable ramifications on the world's food prices and availability for some time now. Without jumping into the politics behind it's now gotten to the point where more and more are becoming as alarmed as I am. (Yikes!)
I thought I'd start this thread as a heads up after receiving an email from one of the places I buy storable foods from a couple of days ago. They wrote that their suppliers had informed them that they would no longer be able to guarantee quoted prices for more than three weeks. My dealings with this outfit over the years leads me to believe that there is more behind this warning than just hype or a desire to boost sales.
Since I was planning on placing two orders of storable food anyway I decided to do it yesterday. I phoned in my order with the folks who sent me the email and had an interesting conversation with them. We talked about changing food prices and their email and the lady mentioned that they feared that some of their products may jump in price by as much as 50% in the next month -- and that they had toned down the email notice because they didn't want to come off as alarmist.
Long story short -- I think that between ethanol use trending upwards and the uncertainty in the North Atlantic financial markets the stage is set for potentially dramatic price swings in food as well as broader, more wide ranging effects. I'm moving a little quicker and heavier on food purchases than I normally do. We usually just buy a little extra here and there throughout the year but I placed two orders yesterday and we'll do another big one early next week. If I'm wrong it's no big deal. The worst thing that could happen is that we may still eat the food.
The point of this post is twofold:
I thought I'd start this thread as a heads up after receiving an email from one of the places I buy storable foods from a couple of days ago. They wrote that their suppliers had informed them that they would no longer be able to guarantee quoted prices for more than three weeks. My dealings with this outfit over the years leads me to believe that there is more behind this warning than just hype or a desire to boost sales.
Since I was planning on placing two orders of storable food anyway I decided to do it yesterday. I phoned in my order with the folks who sent me the email and had an interesting conversation with them. We talked about changing food prices and their email and the lady mentioned that they feared that some of their products may jump in price by as much as 50% in the next month -- and that they had toned down the email notice because they didn't want to come off as alarmist.
Long story short -- I think that between ethanol use trending upwards and the uncertainty in the North Atlantic financial markets the stage is set for potentially dramatic price swings in food as well as broader, more wide ranging effects. I'm moving a little quicker and heavier on food purchases than I normally do. We usually just buy a little extra here and there throughout the year but I placed two orders yesterday and we'll do another big one early next week. If I'm wrong it's no big deal. The worst thing that could happen is that we may still eat the food.
The point of this post is twofold:
- If you tend to lay up food for yourself or extended family on an ongoing basis you may want to think about bunching up some of your purchases.
- If you only buy once a year (like right before hurricane season or some other repeatable, regional threat) consider moving up your usual purchase timetable because you may well get more food for your buck right now.
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