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Future Predictions
Food prices go up
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<blockquote data-quote="HDRKID" data-source="post: 54624" data-attributes="member: 43"><p>TAKEN FROMhttp://<a href="http://www.cnbc.com/id/39835403/Food_Prices_Expected_to_Rise_Sharply" target="_blank">Food Prices Expected to Rise Sharply - CNBC</a></p><p><em>Corn is up 45 percent the last three months. We haven't seen cotton prices this high since after the Civil War. Soybeans are up. Oil is up. Metals are up. So are coffee and cocoa.</em></p><p> </p><p>OK so that was back in 2010 before the drought of the century. What do you think will happen now?</p><p> </p><p>I have seen in the future shortages of food and fuel create a crisis. Four of every ten rows of corn are used to make ethanol which is used in your car. Government is trying to stop this process. This is due to the lack of corn. I spoke to farmers yesterday, and they are going to Brazil to get corn. Expect things to worsen.</p><p> </p><p>TAKEN FROM <a href="http://www.huffingtonpost.com/2012/07/25/seven-and-a-half-things-you-need-to-know_n_1704318.html" target="_blank">Drought To Send Corn, Meat Prices Soaring: Seven And A Half Things To Know</a></p><p><em>All the while the corn withered and died. The corn that infuses our bodies, that <a href="http://articles.cnn.com/2007-09-22/health/kd.gupta.column_1_high-fructose-corn-syrup-corn-refiners-association-soybean-oil?_s=PM:HEALTH" target="_blank">makes up 69 percent</a> of the carbon in a strand of hair plucked from our heads.</em></p><p> </p><p>Hey, corn was $2 bushel in 2005 and approx $8 now. That is a four fold increase. Expect this could cause some pocket book pain. It will cause a price increase in milk and eggs.</p><p> </p><p>A typical hen will eat in six month (60 lbs) one bushel of corn. She will lay a (144) 12 dozen eggs. It is true that I can substitute wheat, oats, barley, millet, instead of corn. However, the drought has affected all the grains. Also, it has affected soy. Well, soy is not a grain. It is a legume that is high in protein and used by farmers to increase the production of eggs.</p><p> </p><p>What I see is a steep increase in price. People are not happy with what they are paying now. However, there is still plenty of food in the grocery. I do not believe that will be the case in coming years.</p><p> </p><p>Took this picture today, and here near my window is some corn. It is healthy now. Hope that we get more rain. Otherwise, there will be no crop.</p><p><img src="http://vortex7.com/some_corn_jul28.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p> </p></blockquote><p></p>
[QUOTE="HDRKID, post: 54624, member: 43"] TAKEN FROMhttp://[url="http://www.cnbc.com/id/39835403/Food_Prices_Expected_to_Rise_Sharply"]Food Prices Expected to Rise Sharply - CNBC[/url] [I]Corn is up 45 percent the last three months. We haven't seen cotton prices this high since after the Civil War. Soybeans are up. Oil is up. Metals are up. So are coffee and cocoa.[/I] OK so that was back in 2010 before the drought of the century. What do you think will happen now? I have seen in the future shortages of food and fuel create a crisis. Four of every ten rows of corn are used to make ethanol which is used in your car. Government is trying to stop this process. This is due to the lack of corn. I spoke to farmers yesterday, and they are going to Brazil to get corn. Expect things to worsen. TAKEN FROM [url="http://www.huffingtonpost.com/2012/07/25/seven-and-a-half-things-you-need-to-know_n_1704318.html"]Drought To Send Corn, Meat Prices Soaring: Seven And A Half Things To Know[/url] [I]All the while the corn withered and died. The corn that infuses our bodies, that [URL='http://articles.cnn.com/2007-09-22/health/kd.gupta.column_1_high-fructose-corn-syrup-corn-refiners-association-soybean-oil?_s=PM:HEALTH']makes up 69 percent[/URL] of the carbon in a strand of hair plucked from our heads.[/I] Hey, corn was $2 bushel in 2005 and approx $8 now. That is a four fold increase. Expect this could cause some pocket book pain. It will cause a price increase in milk and eggs. A typical hen will eat in six month (60 lbs) one bushel of corn. She will lay a (144) 12 dozen eggs. It is true that I can substitute wheat, oats, barley, millet, instead of corn. However, the drought has affected all the grains. Also, it has affected soy. Well, soy is not a grain. It is a legume that is high in protein and used by farmers to increase the production of eggs. What I see is a steep increase in price. People are not happy with what they are paying now. However, there is still plenty of food in the grocery. I do not believe that will be the case in coming years. Took this picture today, and here near my window is some corn. It is healthy now. Hope that we get more rain. Otherwise, there will be no crop. [IMG]http://vortex7.com/some_corn_jul28.jpg[/IMG] [I][/I] [/QUOTE]
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