Richard Mills - A Food Report

[siginah]

Ahead of the Herd

Because of the worst drought since 1988 the U.S. Department of Agriculture declared a federal disaster area in almost one-third of all the counties in the United States - more than 1,300 counties covering 29 states, the largest disaster declaration ever made by the USDA. Only in the 1930s and 1950s has a drought covered more land.

The United States Drought Monitor shows 88 percent of corn, and 87 percent of soybean crops are in drought-stricken regions.

http://aheadoftheherd.com/Newsletter...ood-Report.htm

[Phoenix]

"Conclusion

“World agricultural markets have become so finely balanced between supply and demand that local disruptions can have a major impact on the global prices of the affected commodities and then reverberate throughout the entire food chain.” HSBC report
"

Thats why I like Potash/Agricultural plays with UN population projections of 7 Billion.

Cheers
Phoenix

[messagermanxxoo]

Hmm..time to stock up some food/supplies just in case of time of crisis

[Roborovskii]

Hmmm. Reminds me that I need to check and rotate my stuff soon.

[Phoenix]

Originally Posted by siginah

Ahead of the Herd

The United States Drought Monitor shows 88 percent of corn, and 87 percent of soybean crops are in drought-stricken regions.

http://aheadoftheherd.com/Newsletter...ood-Report.htm

Actually saw a news report on TV last week, in the States movie goers are paying more for their pop-corns. Cant recalled % price increase. Havent noticed yet in Singapore if we are paying more too.


Cheers
Phoenix

[PJL001]

Already happened on the supermarket shelves. The other day we bought a packet of tofu which used to cost us S$0.80. Now it is priced at S$1.20, an increase of S$0.40.

[siginah]

Richard (Rick) Mills
Ahead of the Herd

The Earth's climate has been continuously changing throughout its history. From ice covering large amounts of the globe to interglacial periods where there was ice only at the poles - our climate and biosphere has been in flux for millennia.

http://aheadoftheherd.com/Newsletter...Production.htm

[Roborovskii]

My source for "cheaper" formula milk for my kids just increased their Usual Price by $4.90 for the 1.8kg can (Gain IQ).

They are still currently selling at last weeks price, but that price is now listed as a special offer. I guess once their current stock is cleared, the new Usual Price will take effect.