Tag: food prices

60, The Average Age of Farmers

Some interesting observations from Jim Rogers, co-Founder of the Quantum Fund, “We Have Huge Shortages Developing In Agriculture”. Farming has been a disaster for 30 years. The average age of farmers in America is 58 because it’s been such a horrible business. The average age of farmers in Japan is …

Grocery Store Sale Items Cleaned Out

Only because I was driving right by due to another errand, that I decided to stop at one of my usual grocery stores strictly for some sale items. I wanted to share this trip with you to heighten the awareness that inflation is now being recognized by the masses. I …

Kraft Foods to Raise 2011 Prices

On the heels of Kraft Foods having raised prices around the world during the 4th quarter (Wall Street Journal: Kraft Product Squeezed…), the Financial Times quotes chief executive Irene Rosenfeld, and what she called “significant input cost inflation and persistent consumer weakness in many markets”. FT goes on to report …

Wheat Crop Failures Leading To Food Price Inflation

Permalink Increased demand from an increasing world population in more developed countries, coupled with supply shortages from bad weather and poor harvests are leading food prices higher. Russia, the 4th largest wheat producer, recently banned all exports of grain for at least 12 months due to their own decreased production …