Upcoming Food Shortage and Price Increase In The United States
As I’m sure most of you know there have been some serious floods in the midwest, most concerning are Missouri, Nebraska, and Iowa because these three states are in the top ten states that generate food for the rest of the country.
So look for prices to take a steep upward turn on corn, meat, beans, dairy, poultry, eggs, and soybeans and on any foods that contain these… which is to say that there will most likely be an increase in food prices across the board.
And making matters much, much, worse; according to CNN:
Lost harvests aren’t the only problem. It’s unclear whether the fields will be good for planting this year. “More than likely, they will not be able to put in a crop this year,” because of flooding now, and because “we will not have time to do any levee repairs to protect this year’s crop,”.
Ethanol is an alternative fuel commonly made from corn. It’s typically shipped out of the Midwest by train or truck to coastal refineries like those in Texas. The product is then blended with refinery-made fuel so it can meet the Renewable Fuel Standard.
US Grain Bins Collapse After Catastrophic Iowa Floods
While I don’t think that this is going to turn into a TEOTWAWKI event, food prices are going to rise… especially meat, dairy, and corn. Corn and anything that contains corn could double in price in the next few months. It’s a domino effect that will result in food price increases on many food products that aren’t immediately apparent. Be prepared to pay more at the grocery checkout and at the gas pump.
My advice to you is to stock up now (like today) on those items that are likely to see a price hike in the coming weeks because of the flooding to beat the coming price jump. Don’t go out and panic buy a bunch of foods that you don’t normally eat, but it’s a good idea to go out now and buy extra of those foods that you normally eat that are likely to see price hikes.
Even if prices don’t increase as much as predicted then you’ll still be stocked up on foods that you normally eat anyways and won’t have to go shopping for those for a few months while you consume those foods at your dinner table. It’s a win for you.
Be sure to read my article – What Foods Should A Prepper Store?
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