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Old 05-27-2014, 02:20 PM
 
Location: Chapel Hill, N.C.
36,437 posts, read 41,755,845 times
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First they tell us to expect rising prices cause of the drought. Then they say it's not cause of the drought. Now it's the drought, disease and changing habits.

Food costs soar due to drought, disease and changing habits - Videos - CBS News
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Old 05-27-2014, 02:22 PM
MJ7
 
6,221 posts, read 8,220,349 times
Reputation: 6491
What about good ole supply and demand? Population continues to sore.
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Old 05-27-2014, 02:25 PM
 
Location: Phoenix, AZ > Raleigh, NC
14,347 posts, read 17,589,339 times
Reputation: 22226
Quote:
Originally Posted by MJ7 View Post
What about good ole supply and demand? Population continues to sore.
Population continues to soar? Most 'experts' report that the US population is stagnant, or increasing very, very slowly. Some 'experts' even say it's decreasing!

As for causation, let's not forget that we've plowed all that corn into ethanol. Feed for pigs, chickens, beef, etc. has increased in cost, and that has to be recouped by the ranchers.
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Old 05-28-2014, 06:53 AM
 
Location: The Hall of Justice
25,907 posts, read 35,056,196 times
Reputation: 42372
Rising fuel costs bleed into almost every aspect of our lives.
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Old 05-28-2014, 07:24 AM
MJ7
 
6,221 posts, read 8,220,349 times
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Quote:
Originally Posted by Jkgourmet View Post
Population continues to soar? Most 'experts' report that the US population is stagnant, or increasing very, very slowly. Some 'experts' even say it's decreasing!

As for causation, let's not forget that we've plowed all that corn into ethanol. Feed for pigs, chickens, beef, etc. has increased in cost, and that has to be recouped by the ranchers.
World Population Clock: 7 Billion People (2014) - Worldometers
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Old 05-28-2014, 07:47 AM
 
3,599 posts, read 3,587,000 times
Reputation: 4963
Food is traded just like a commodity like oil. We deregulated our commodities markets at the behest of requests from Wall St. in 1999/2000 and ever since the % of disposable income that Americans spend on food and fuel has skyrocketed from around 8% pre-1999/2000 to over 20% now.


How Goldman Sachs Created the Food Crisis
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Old 05-28-2014, 10:23 AM
 
Location: South Central Texas
114,045 posts, read 52,461,901 times
Reputation: 161941
Quote:
Originally Posted by Jkgourmet View Post
Population continues to soar? Most 'experts' report that the US population is stagnant, or increasing very, very slowly. Some 'experts' even say it's decreasing!

As for causation, let's not forget that we've plowed all that corn into ethanol. Feed for pigs, chickens, beef, etc. has increased in cost, and that has to be recouped by the ranchers.
I agree! Congress needs to quit subsidizing and/or promoting ethanol which is crap.
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