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Food wars: stocks are low, prices
high -- are riots inevitable?

Daily Express [UK], by Jane Warren

Original Article

Posted By:Attercliffe, 12/11/2012 8:13:48 AM

Emma Foden, a mother of three from West Sussex, is just one consumer who is feeling increasingly alarmed by soaring food prices. She says: “Eighteen months ago a big supermarket shop including a bottle of wine would have been about £70, a year ago it crept up to £100 and now it’s regularly £130 and sometimes with no wine."[Snip]Her observations are borne out by the statistics. Shop food prices in the UK have risen on average by 37.9 percent in seven years according to the Office for National Statistics as the demands of an increasingly affluent and growing

Comments:
£130 is about $210.

      


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Reply 1 - Posted by: Rather Read, 12/11/2012 8:28:00 AM     (No. 9059089)

The price of eggs, milk, cheese, and beef have soared. I shudder to think how high they are going to be by the summer.

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Reply 2 - Posted by: MattMusson, 12/11/2012 9:58:25 AM     (No. 9059296)

When people are hungry - all bets are off.

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Reply 3 - Posted by: LouD, 12/11/2012 10:37:46 AM     (No. 9059403)

Don´t many people refuse to eat GM food, and demand more expensive organics? Supplying non-GM foods mean more expensive to raise, but if that´s what people demand, then they will have to pay for it. Along with drought, and using food for gas, what do people expect? Someone has to feed the third world, and who else but us, even though many countries could easily feed themselves? Zimbabwe comes to mind right away. I don´t know about riots, but higher prices are inevitable.

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Reply 4 - Posted by: udanja99, 12/11/2012 1:08:56 PM     (No. 9059823)

Stock up now!

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Reply 5 - Posted by: redink, 12/11/2012 2:10:35 PM     (No. 9059964)

Last month, the cheapest loaf of bread I could find was 1.09. Last week I went to buy more and it was 1.69 a loaf. I base my inflation index on the price of the cheapest staple foods that remain that way for long periods. To see that bread jump 60 cents in a month sends a chill.
For those who can, I advise a storage mentality when it comes to food.

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Reply 6 - Posted by: BigGeorgeTX, 12/11/2012 5:36:03 PM     (No. 9060295)

It´s taken this long for the media to get wind of this?

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Reply 7 - Posted by: Starfire, 12/11/2012 6:35:01 PM     (No. 9060391)

In the U.S., inflation is being driven by three boneheaded federal policies: First the failure to address our federal budget/debt has destroyed the value of our dollars so we can buy less with them. Second, the increased government regulatory squeeze on traditional energy sources (oil, natural gas and coal) has increased the cost of production and transportation, driving up prices. And, third, the forced federal redirection of food (corn) for inefficient fuel (ethanol) has created a shortage of grains and food products (including dairy and livestock) that come from or feed on corn and grains.

Recently the victory-gardeners, hoarders and preppers don’t look so kooky. My winter garden has become an anti-big-government statement. I’m considering adding chickens now that the city has decided to permit small coops. And my grandkids are putting themselves through college by working in restaurants and grocery stores so they will, at the very least, have a meal and an employee discount.


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