Price of flour going up?

[nell67]

Anyone else heard the price of flour is going to double soon??

My neighbors hitched a ride to Sams club to stock up on flour,@ $7 and some change per bag,to closer to $15 per bag.

[crashdive123]

It's been quite a while since I bought any - I hadn't noticed.

[Rick]

I'll let you know tomorrow. I'm going to the store.

[cowgirlup]

I had heard it was going up after the issues in Russia but haven't noticed it yet. I've been keeping an eye on it and bught a little extra JIC.

[Sourdough]

I'll let you know tomorrow. I'm going to the store.

Don't wear the thong...........

[Sourdough]

Massive fires burned the wheat crop in Russia.

[welderguy]

I sure hope not with thanksgiving and christmas around the corner I usually rotate my stock at that time because they usually have great sales on flour and sugar .

[your_comforting_company]

it's gonna be hard to support my buscuit habit at that rate.
Guess I'll have to eat more cornbread.

It says a lot about our depencency on mass production techniques and shows our vulnerabilities when those systems fail. If you have money, you get flour. If not, you eat something else. Hopefully you have a stockpile that will last till the prices come back down, if they ever do.
Maybe time to look into cattail and some other plants to supplement...

[Winnie]

Rank-Hovis Millers has added £89 per tonne to the price of flour. This rise came into effect on 6 Sep. It's basically all due to Russia having a export embargo because of their poor harvest. Canadian harvest was also poor. Other EU countries are also reducing the amount they are putting on the open market.
What's got my Goat, is there's still perfectly edible Wheat going to produce BIOFUEL!! Arrggghhhhhhhhh!!! It's obviously more lucrative....oops, environmentally important than feeding your citizens for a reasonable pice!

[crashdive123]

That's the thing about poor harvests - prices usually go up. If we get a few hard freezes in central and south Florida, the prices of oranges and other food crops go up. If the next harvest is bountiful, they come down. Inflation will certainly affect all of the prices, and possibly for long periods. Crop failures will as well, but hopefully for just the short term. As Winnie say, a big factor affecting some prices is that we are putting food in our gas tanks, and that is a very bad idea IMO.

[klickitat]

Folks, I am the bearer of bad news. The price of ALL food is going to go through the roof. Yes there are environmental reasons from time to time, but the more serious problem and the thing we need to pay close attention to is money devaluation. Don't be fooled by the pundits calling it inflation.

The US dollar is collapsing and at a staggering rate. As of this morning gold is at $1313 an ounce and silver is at $22.04 per ounce. The monetary policies that were set up 100 years ago and in there final stages of collapse. Hyper inflation is around the near corner and you had best be buying all the food you can get your grubby little hands on. Also you had best have a way of producing food.

Sure a little gold and silver might be ok, but in the end you will just use it to buy food anyhow at exorbitant prices.

BTW: Gold and Silver have gone up more than 15% in the last 3 months. If you can not afford Gold and Silver, I suggest you might also look at stock piling scrap copper, lead, brass and aluminum. Heck that matter ever scrap steel is a good investment.

[Rick]

How did Bragg get back on?! Read my several thousand posts on how the economy works. I'll be sure and jump on gold and silver when it's at its highest. The Hunt Bros. will love me. One more time for the newbies. Precious metals have an arbitrarily assigned value just like fiat money. The market is controlled just like fiat money. The value of precious metals can be immediately devalued just like FDR did.

I just got back from the store. Krogers had flour on sale $2.88 per five pound bag. No limit. That was Pillsbury brand.

[your_comforting_company]

I personally place no value on gold or silver. They are too soft by themselves to make anything out of. It's just shiny. That's all it does.. well, gold does make good conductors, but it still has to be mixed with something else to make it hard enough to use. If you brought me gold and wanted to exchange it for some food I had stored, I would laugh hysterically. It's useless junk and when all the sytems fail, you better have your 6:00 covered with something else.
just my 2¢
seeds would be a much more valuable "trade good" than gold or silver.. at least at my dinner table (err, rock).

[klickitat]

That is too funny, because I have spent gold and silver at gun shows many a time. I once traded 20 ounces of silver for an AR 15, 6 mags and 1000 rounds of .223.

It is like any other metal and you can exchange it for cash 6 days a week. I never have any problem cashing it in along with steel, copper or any other metal.

[Rick]

Aha! So you do barter with cash. I knew it!

[your_comforting_company]

ever made anything out of it? It's made into jewelry. trinkets so folks can say "look what I have"
as long as a "trade system" is in place and it is seen as something that has real value, it will have a place. I don't know why it's a part of people's way of thinking. How much would you pay for gold, right now? What I'm saying, as a commodity.. as a resource to sustain life, would you rather eat gold, or eat bread? I'm talking about Real value, not what some pawn shop gunsmith's book says gold is worth. Gasoline would/could become just as/more valuable than gold, as could a bag of flour should there be enough natural/man-made disasters as to cause global famine.
Iron, steel, bronze, brass.. all these can be made into something. They have real value. gold is just shiny and soft. I'm thinking knife, axe, tool, shovel, building material...
I understand a large portion of the banana crop has been damaged also. All we need now is alphatoxin and boll weevil outbreak to really cause a stir.

so lets say there is a worldwide famine and you have just enough foodstores to last you 6 months, with no more food in sight, other than what wild edibles you can gather. I have gold I want to trade to you for some food. Just how much of your personal foodstore are you willing to part with, knowing that you can't make a knife out of the gold, or a cup, or anything really for that matter, and not knowing how long it will take to recover from the famine?
I didn't mean to turn this into a discussion about gold. The point is I eat a lot of bread. I don't wear jewelry, only my wedding band. What hurts me worse?

[Rick]

YCC - I'm actually in your court but I would almost guarantee you that even in the darkest hour someone would trade you their last slice of bread for some shiny gold. Different folks have different priorities and you're judging it's worth based on your values. Something only has worth when two people agree it does.

[welderguy]

I beleive no matter how bad it gets someone will trade for gold and silver with the thinking of One day this will be worth something again and ill be rich.

[klickitat]

YCC, go back and read my post. You will find that I am right with you. I do advocate some metals, but I guarantee that it will get used long before it is worthless. I buy and sell all sorts of things as part of a living. I predicted the gun bubble long before it burst and before that I predicted when it was time to buy up all the 4x4 that everyone was selling during the gas crunch 2 years ago.

Markets have ups and downs and if you watch what the heck is going on you can see when to get in and get out.

[Sourdough]

I like LIQUID Assets. (Gin, Vodka, Whiskey, Scotch, Tequila) If I had $50,000.-- worth of each I would not care what the Dollar or Gold did.........