First we were all Keynesians; now it looks as if we'll
all become Breathairians.
Bear with me, Gentle Reader. I'm a crank, a doomsayer, a
naysayer, a pessimist, alarmist, conspiracy kook, gun-toting wingnut and
all-around pain in the ass. There, I've admitted it. Hell, I'd be writing this
in my geodesic dome whilst wearing a tinfoil hat -- but recent rumors maintain
that geodesic domes cause erectile dysfunction, and that the nation's tinfoil
supply has been contaminated with depleted uranium. Be that as it may, though, I'm still a tad
worried over the ever-increasing price of food. Even if you don't believe that
Art Bell killed JFK (who was actually the Lindbergh baby), you can't deny that
food prices are increasing past the normal rate of inflation.
Beyond the government trying to ram S. 510 down our
throats (a potential nightmare for small farmers, survivalists and other
"back to the land" types; and one guaranteed to jack food prices
through the roof) domestic production isn't keeping pace with population
growth. (See the USDA link below, and ponder the law of supply and demand). As
I mentioned in an earlier post on beans and grains, the prices of both (in
supermarkets, at any rate) have risen dramatically in the last three years.
Granted, our friends the banksters are partially to blame, for tampering
with the market, but nasty weather and increasingly adverse growing conditions
are also contributing factors.
This year, for example, my wife and I have wrangled with
late spring rains, a severe drought, unusually high UV levels, heat indexes in
the high '90s and low 100's, Roundup-resistant weeds; and an influx of stink
bugs, Mexican bean beetles, and corn earworms -- all immune or strongly
resistant to pyrethrin, Malathion and Sevin. And we're not the only ones. As I
noted a few days ago, 98 Georgia counties have been declared disaster areas.
Zooming out and considering the bigger picture, though; one notes that it's
been a bad year worldwide. Rice failures in Asia, wheat failures in Europe, and
sharply reduced acreage under cultivation in this country all portend ill. I
hope I'm wrong, Gentle Reader, but we might very well be in for a singularly
lean (and expensive) winter.
The
Guardian has run a sobering article on the impact of Russia's
droughts and wildfires on wheat prices in Europe.
The spectre of food inflation is back. Two years ago the world was gripped by the
prospect of supplies running low, thanks to a combination of rocketing demand
from emerging countries and tightening supply as farmers turned wheat fields
over to biofuels.
I hate to
say I told you so, but I told you so...
Wheat prices, which are up 40% over the last
month, reached a two-year high as concerns about a drought in Russia and
rotting stocks of grain in India exercised markets in London and Chicago.
Claims that a major crop failure in Australia, following an invasion of locusts
and a wet summer in Canada, could lead to a worldwide shortage, have pushed up
prices in recent weeks to levels not seen since 2008.
The rise in futures contract prices traded on
the major markets also follows a United Nations report in June that warned food
prices could rise as much as 40% over the coming decade, amid growing demand
from emerging markets and for biofuel production.
But before
you say: "Ah, it's just Europe. Who the fuck cares?"; consider the
ripple effect, magnified by global economic codependency. These gents, certainly have. With
a vested interest in the matter, they're hardly an objective source of
information -- but the site makes for interesting reading.
And wheat isn't the only grain in short supply, as recent
failures of the rice crop in Thailand, India,
and Indonesia demonstrate.
Moving closer to home, it's worth noting that the total acreage under
cultivation has plummeted since the 1980s, while the population has ballooned
to 300,000,000. If you're interested in overall domestic food production,
(tonnage, price per bushel, acres cultivated, etc.) have a look here.
The stats on staple crops (i.e. grains) are especially noteworthy -- and
alarming. Beyond serving as food for most of the world's population, many of
these grains are used for stock fodder and as sources of those ridiculous,
wasteful "biofuels."
Forget mimicking the Eskimos by adopting a "no-carb"
diet, though. Protein sources are becoming equally expensive, as illustrated by
the following articles on pork, beef, and
lamb. These
disingenuous
fucks attribute the increase to "an improving
economy," (if hyperinflation is indicative of a healthy economy; I suppose
Weimar Germany is the model to emulate. Luckily, even the most deranged of
modern, revisionist economists and historians have yet to assert as much --
although I suppose it's just a matter of time) but at least they confirm the trend, which
stands to reason. Higher feed prices (most feeds being grains)
inevitably lead to higher meat prices. As
soy
prices are also on the rise, our Buddhist and vegan friends won't fare much
better.
The bottom line: We might have one hell of a rough time
ahead of us, folks. Unless you're feeling an overwhelming urge to gamble on the
validity of the doctrine of Inedia, you might want to consider stocking up this
year and producing more of your own food in the future.
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