voidstaresback on Nostr: This is harder to say. Our system is robust so there may be price spikes but it is ...
This is harder to say. Our system is robust so there may be price spikes but it is difficult to know for how long typically the cure for higher prices is higher prices-
But to go through
Wheat- globally wheat is doing fine plenty to go around so this will have little impact on consumers- if however another Ukraine style impact occurs wheat prices will likely rise.
Beef- we may enter a period of sustained higher prices. If beef is important to you it would be advisable to buy a quarter or a half for your own storage
Eggs- right now buying eggs is cheap and it means this is a great source of protein. While egg producers don’t want low prices if there are low prices they hope that demand surges (it likely will) which will even put prices
Water- this is a matter of hope and prayer… in the Midwest the water situation will likely (if you look at 100 year averages) even out over the next year or so… droughts have a way of causing more droughts so it’s something to be aware of but little one can do
But to go through
Wheat- globally wheat is doing fine plenty to go around so this will have little impact on consumers- if however another Ukraine style impact occurs wheat prices will likely rise.
Beef- we may enter a period of sustained higher prices. If beef is important to you it would be advisable to buy a quarter or a half for your own storage
Eggs- right now buying eggs is cheap and it means this is a great source of protein. While egg producers don’t want low prices if there are low prices they hope that demand surges (it likely will) which will even put prices
Water- this is a matter of hope and prayer… in the Midwest the water situation will likely (if you look at 100 year averages) even out over the next year or so… droughts have a way of causing more droughts so it’s something to be aware of but little one can do