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FOOD Prices will be Soaring after Harvest

July 9, 2012 By Micki Leave a Comment

FOOD Prices will be Soaring after Harvest

Do you coupon? If not, there is no better time than NOW to start! We are going to see the price of food sky rocket in the next few months!

The hot temperatures we have been experiencing in the Midwest, along with the lack of rain, has made this one of the worst growing seasons in centuries. In NINE states in the Midwest, over half of the cornfields have been deemed poor or very poor by the Federal Authorities. In fields where corn is growing, it often is growing without any ears, or even a tassel, just a tall stalk, though in the majority of the fields it is not growing at all.

How will this affect you? We as a Nation depend on corn for everything; from fuel, to our foods, which include bread, baked goods, chips, etc. To recoup their loss (Not all farmers are insured) they will have to raise the price of their corn that does make it, and in turn, companies will be forced to raise the price of their products, which will show in our pocket books.

It is not just corn that is going to be affected either; grains, vegetables, you name it. Even our Meat prices are going to rise because our animals eat the grains that are grown, or in this case, NOT GROWING. And let’s not forget about our Butter and Milk; Yup, those prices are going to rise also.

There is  NO BETTER time than now to learn to live frugal and start stocking those pantries!

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