due to the drought....

Its a trickle down effect. We have a lot of products dependent on corn that you normally don’t associate. I mean we think of just the ears of corn not all the by-products.

Clock Lovers

I imagine some of the talk is bogus but I am in the middle of a corn field and it is totally lost. About 150 acres of it is going to be chopped early so that is just a small wee bit compared to the whole south of our state . Now as for fuel price, those guys are major crooks!!

Cheesehead's Choice

It is the hidden costs that surprise us. Considering that we have corn based ethanol in our fuel the price of gas has to go up. Unless the regulations requiring that additive go away. I don’t eat a lot, that has corn sweeteners in it, but I do eat stuff like dairy that is dependent on corn fed cows. I have been stocking up on the Items that I like to eat, or know I will use. I know from personal experience that come winter I will not be able to afford it and today I have a good paycheck. If you are worried about the rising cost of items start thinking about stocking up now.I did start stocking up on those items that I need, faster when I heard that their price was probably going up as a result of our weather. I remember helping mom and grandma can and put away fruits and veggies. Hated every minute of it. Loving the knowledge and the freezer full of fresh frozen berries little sugar, no corn syrup, or fake sugar.

Deannes treasures

actually it think it is the convenience. Growing a garden is hard work especially here. Our last killing frost is in June and the end of the growing season killing frost can be as early as late August. Then there is the hold no water soil, you got to put a lot of additives in it to grow anything or remove it and replace it with fertile soil. Weeding, watering, fencing to keep deer, chipmunks and rabbits out, harvesting and if you are lucky canning. Why not just go to the store and buy what you need? The stores bank on our laziness and need for things right now and because it is readily available we do not value it and toss it. Truth is I worry about how healthy some of the food is that I am buying and have been trying to do more of my own with ingredients that I know and understand and store in thinks like glass rather than coated cans or plastic bags. The down side is that I have to depend on things coming from the Willamette valley case we can’t grow it here.

Deannes treasures

Scares the “Dickens” out of me!! Haven’t bought gas for three days, as have been inside in air. My hon told me gas here is almost up to $4.00 a gallon. They have discontinued making ethynol due to crops……?
Here we are, trying to go green, trying to go USA…..KISS My Fords’ tank……

OnceUponaTimeBooks' booth

Thousands of fish are dying in the Midwest as the hot, dry summer dries up rivers and causes water temperatures to climb in some spots to nearly 100 degrees…

WildWildMisc's booth

I am sure that many prices have increased due to anticipated shortages.

However, in many cases, greed plays a large part in the increases.

I can recall the time not too long ago that one of our local gas stations increased the price of gasoline at the pump 5 – count ’em – five times in a single day. At one point, I actually passed the station to pick up my grandson, came back 15 minutes later, and they were in the process of changing their prices!

When I went in and asked about it, they told me it was because each delivery cost them more money. I am not kidding. I know for a fact that they had not received a new fuel delivery in that 15 minutes, nor did they receive delivery the other 4 times the price went up that day.

No, they agreed reluctantly, they had not had gasoline delivered 5 times that day, but – hey, what’re ya’ gonna’ do? They were unwilling to accept the fact that the raw cost of the fuel currently in their pumps had not cost them any more money at 2 o’clock, than at 4 o’clock, etc.

Realistically, how many of us go through our booths several times a day and think to ourselves, well, it would cost me x number of dollars to replace this item, so I need to increase the price of current stock in anticipation of this increase?

Carolyn

Some of My Favorite Things

Here’s an article I just read, which gives some insight into just how the drought affects prices of everything along the food chain.

Food prices may grow by as much as four per cent next year, economists predict, as drought conditions in the U.S. are expected to inflate the cost of everything from pork to cereal.

RBC economist Paul Ferley says the increases will be similar to those seen in 2011, when demand from emerging economies like China and India pushed food prices higher.

“Growth there is slowing, so we would have expected a bit of moderation in commodity and food prices, but because of the drought it looks like we’ll be getting another wave,” said Ferley.

He predicts that food costs will go up by 2.5 to 3.5 per cent in 2012 and three to four per cent in 2013.

Extreme drought conditions in several U.S. Midwest states are causing corn and soybean crops to wither, and analysts say the effects will ripple through the food chain.

Because corn is used to feed livestock in the U.S., the rising cost of beef and pork will be most noticeable on grocery store shelves, said Patricia Mohr, a commodity markets specialist at Scotiabank. Poultry may also be affected.

“This will trickle through the cost of production for food, and eventually will have an impact at the grocery store,” said Mohr.

“It’s hard to say exactly when this will show up.”

Some types of grain have been affected by the drought, which may inflate the price of baked goods and pasta, said Mohr.

Fructose and corn syrup, which are used in many kinds of processed food, may become more pricey, as well as items made from canola like margarine and salad dressing.

Many Canadian food producers are either already feeling the pinch or planning for the future.

Tim Hortons raised the price of certain baked goods and lunch items last week, citing higher operating costs and pricier ingredients. The coffee and doughnut chain said the price of a muffin is five cents higher, while sandwiches have gone up by about 10 cents. The price of coffee has not changed.

And Maple Leaf Foods president and CEO Michael McCain warned last week that the food processor will have to jack up its prices.

Because Maple Leaf (TSX:MFI) buys ingredients in advance, consumers likely won’t see higher prices for its products until the end of this year, McCain said.

Bookbin Etc Country Variety

Sounds like a plan, loves_birds!

Especially since we are being penalized by not shipping items out in a flash – Gotta’ have a gasoline surcharge, fershure. LOL.

Carolyn

Some of My Favorite Things

Brother, can you spare a ten dollar bill for a cup of coffee?

Make it $20, if we’re talking Starbucks…….

Definite business expense to pass on – we can’t run on empty.

Some of My Favorite Things

There was an article on our local news about this just a few weeks ago.

They were warning people to not fall for the price gouging excuse of the corn harvest being killed off due to the droughts.

Our gas stations had already started jacking the price of gas right back to where it was before they started dropping it.

My question is why the he__ doesn’t the government step in and stop this crap until there really IS a shortage :(

RAYVEN'S RARITIES'

I heard this morning that the increasing gasoline prices signal that the economy is getting better—I suppose it depends on what business you’re in????
What I do know is that as a general rule, when the price of gasoline goes up, the value of my 457 DC account (similar to an IRA and invested mostly in mutual funds) also goes up, and I can often “predict” that gas prices are going down when I start to see the 457 account starting to drop.

Lone Elk's Lodge

If u think prices are high now…..just wait until there are NO farmers left across the Mid West to raise crops to sell; or they can’t raise cattle any longer to sell for food because pastures have turned to dust bowls due to lack of rain or crispy critters from wildfires! I don’t think people FULLY understand what CAN happen unless they actually experience it because they ARE those farmers/ranchers!!

We are in that position this year….praying for rain here in OK so that what few cows we have left can find something worthwhile to eat; otherwise we have to buy more expensive feed to give them as supplement….or put out more hay that we WERE going to save for this winter!! We still have hay to cut when it cools off…praying that we get some rain on it so there will be a little nutrition in it to get them thru the winter! OUR livelihood unfortunately depends on rain!! We’ve already started putting hay out for the cattle…have been for the last month…and now we are going to start giving them feed too….at the cost of $9.75/50-lb. bag….because it has corn in it!

And on the other hand….we have to deal with higher gasoline, higher diesel for our equipment….and don’t forget higher prices at the local Wal Mart!! Supposedly due to shortages of corn, soybean, etc, etc! Oh….and we can’t forget because of the cost of fuel for the delivery trucks! Will there ever be an end to it?? More importantly….will the farmers survive Or just give up…like so many have already had to! If the rest of us quit….we are going to be in a world of hurt everywhere in the U.S.!!

Annimae's

annimae, I hear you we have the same problem down here in Texas. Probably not as bad as you guys in OK but not far behind. We still have some green in our pastures, but still a lot of brown which is not good. Quite a few ponds are already dried up as are some small creeks. On our farm all we do is the hay, and yes it depends on the rain.

(((( Farmers )))))

Bookbin Etc Country Variety