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Tag Archives: Wheat
Got Food?
The chart above (courtesy of CNNMoney.com) shows the effect of the drought across the United States today. The average price increase for the above commodities was 2.28%. This translates into an inflation rate of 600% if we do not include … Continue reading
Posted in Civil Unrest, Editorial, Food
Tagged Corn, Food, Inflation, NC Renegade, Soybeans, Wheat
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World braced for new food crisis
The world is facing a new food crisis as the worst US drought in more than 50 years pushes agricultural commodity prices to record highs. Corn and soyabean prices surged to record highs on Thursday, surpassing the peaks of the 2007-08 … Continue reading
Posted in Editorial, Food
Tagged commodities, Corn, NC Renegade, Soybean, Wheat
Comments Off on World braced for new food crisis
Food Hyperinflation Is About to Hit the United States
The commodities shown above from CNNMoney.com shows the impact of the drought on the price of corn, soybeans and wheat. All three surpassed 52 week highs today (July 18, 2012). Couple this with the price of gasoline once crude oil … Continue reading
Posted in Editorial, Financial, Food
Tagged Corn, Inflation, NC Renegade, Soybeans, Standard of Living, Wheat
Comments Off on Food Hyperinflation Is About to Hit the United States