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Behind the cornucopia
of higher food prices

CNBC, by John W. Schoen

Original Article

Posted By:Desert Fox, 4/19/2014 6:53:44 PM

Alert shoppers are accustomed to watching food prices go up and down. But a string of forces—from droughts to diseases—is raising the cost of a trip to the grocery store at a rapid clip. And it looks like it will be a while before the price pressure eases. Some of that pressure is coming from California—the source of roughly half the nation´s fruits and vegetables—where a long-running drought is forcing farmers and ranchers to cut production. After the driest year on record, large sections of farmland are expected to lay fallow this year as the Golden State copes with an ongoing water

      


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Reply 1 - Posted by: curious1, 4/19/2014 7:00:52 PM     (No. 9817269)

Let´s add inflated money supply as one of those ´causes´, John.

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Reply 2 - Posted by: Bur Oak, 4/19/2014 7:19:22 PM     (No. 9817279)

But the Delta Smelt is doing well.

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Reply 3 - Posted by: FormerNYer, 4/19/2014 8:09:36 PM     (No. 9817327)

Any price raise was GWB´s fault but not pone mention of raising energy costs a direct of the lair-in-chief´s EPA policies.

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Reply 4 - Posted by: ColonialAmerican1623, 4/19/2014 11:18:22 PM     (No. 9817424)

"Watching food prices go up and down"

We have been watching for some time now. When did they go down ? Did we miss that part ?

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Reply 5 - Posted by: planetgeo, 4/20/2014 12:45:38 AM     (No. 9817464)

Oh please...these price rises are part of the Obama Revenge Tour. To blame them on the drought in California is only partly true.

How does food get to your grocery store? Answer: by truck. What do trucks need to get to your store? Answer: gas. What did gas cost Before Obama and what does it cost now? Answer: about $1.90 then, and about $4.23 (in CA) now. Add in the huge spike in electricity costs (proudly prescribed by Obama).

Any more questions?

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Reply 6 - Posted by: suedotsue, 4/20/2014 2:57:23 AM     (No. 9817483)

Ethanol is a big reason for food price increases and shortages. This has been reported since 2008. Even Bloomberg in 2008 said US ethanol policy would cause mass starvation, that the world´s poorest always die when food prices increase. It sounds like ethanol is genocide. Even the World Bank and the UN have begged the US to stop its biofuel mandates, that they cause global food shortages and unrest, but the US refuses. Among other things, ethanol now has a commodity trading market run by the EPA.

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Reply 7 - Posted by: Trigger2, 4/20/2014 6:34:24 AM     (No. 9817529)

Cutting off water to farmers in favor of a 3" useless fish.

Printing monopoly money.

Wasting that monopoly money.

More parasites sucking off the taxpayer than those working.

Vote for a demonrat if you want more of the same.

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Reply 8 - Posted by: Axeman, 4/20/2014 9:46:08 AM     (No. 9817663)

I wish they would stop the "driest year on record" lie. The rainfall measurement year crosses two calendar years. Since 2012 rainfall year ended dry and 2013 rainfall year began dry they made calendar year 2013 look dry. Rain year 2012 was very wet at the beginning (in 2012) so it ended up at the lower end of normal. Rain year 2013 has been wet near the end (in 2014), below normal but above record lows. 2013 may well be the driest calendar year but since records have not been kept that way it seems disingenuous.

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Reply 9 - Posted by: Charactercounts, 4/20/2014 9:51:39 AM     (No. 9817667)

Much of the cost increases have been inflicted on us by Leftists.

The water shortages in California, the use of ethanol, the high cost of diesel and gasoline (which affects both farming and bringing the food to market), increasing federal regulations by the EPA and other agencies, and the inflated dollar all have contributed to higher prices.

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