Saturday, July 3, 2010

Anyone thought about it?

This spring on the Canadian prairies, farmers planted the lowest acreage of wheat since 1971. Likewise. The wheat acreage in th USA was also the lowest since 1971. The planted barley acreage on the prairies is the lowest since 1965. It was not a cgood spring for the farmers.

Then of course there is the weather of the last month or so. If this keeps up, or if farmers have a bad spell of fall weather, what acreage that is planted will yield far less than usual. Let's see what a bag of flour costs us next year.

And then there is the Gulf oil spill which threatens a quarter of a billion dollar seafood industry. A lessening of supply, with a steady demand, (or just sheer profiteering) is likely to push prices up through the remainder of the year.

I can hardly wait to see what food group gets a hammering next! So maybe think about getting an extra bag of flour and storing it away. rotate a new bag into storage and use the stored one as you use up your kitchen supply.

Costs you less than 10 bucks, and might keep you a in flour if the prices decide to go nuts.

Just think about it, okay? Then do it!!

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