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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (197199)4/20/2009 8:35:38 PM
From: GalirayoRead Replies (1) | Respond to of 306849
 
Really .. don't want too much food out to be Snorked ...

themorningnews.org



Wonder what he did with the CROX ?

You're still looking at Commodity Deflation too ?



To: ajtj99 who wrote (197199)4/20/2009 8:54:16 PM
From: MulhollandDriveRespond to of 306849
 
true that....

whenever i've stocked up it's been 'sale' stuff....

recently had a 'buy one, get one free' steak sale....when i see those, i stock up....

almost any buy one, get one free sale is worth stocking up, imo

Once the 3rd quarter rolls around we should start seeing some of the larger producers dropping prices, IMO.

i do expect that once last years commodity price bubble put through costs are absorbed, we'll see lower food prices....although i'm certain that prices are 'sticky' and rather than lower prices across the board, we'll see more 'promotional' type sales to move inventory



To: ajtj99 who wrote (197199)4/21/2009 4:14:11 AM
From: energyplayRead Replies (2) | Respond to of 306849
 
Food prices - I occasionally get offers from the high priced Omaha Steaks people. Each weeks offer seems lower than the last - I expect the price of cattle has dropped, and the Omaha corporate business has also dropped.

Another option is to put in a small garden. A small garden might only supply 2-3% of your food needs, but it can provide fresh items to work with very long storage items like sugar and wheat.

I think the chances we will get into a survival situation are low, but we could get to a place where food costs are almost the same as a mortgage payment, at least for a few months.

Like the oil and gasoline price spike in summer 2008.

For right now, food prices will keep droping until the market clears - farmers stop planting as much, or people start eating more.