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World food prices are plummeting...down 14% year over year to lowest prices

JohnnyBeeDawg

Circle of Honor
Aug 5, 2001
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Since July 2010. World food production at highest level in Man's history.

Oil and gasoline prices have plummeted year over year.
US Oil production last week surged to the highest output levels in 42 years.

Meanwhile, the percent of income that Americans spend on food is at all time lows. Under 7%.
And it now takes less hours of work than ever before to pay the cost to drive 100 miles.

How will your family survive the falling food & energy prices??

http://www.fao.org/worldfoodsituation/foodpricesindex/en/
 
The price of meat has been rising for the past year. I guess hog jowl is

down. Your link says meat has dropped in price.
 
It has dropped worldwide.

And price of meat could fall in the US as costs remain low, while herds rebuild after being thinned out.

We will just have to see.
 
The price worldwide may have gone down but domestic meat

is higher than it's been in awhile. Was basing my argument on the US.
 
That's because California sucks at economics

Your politicians make it cost far more to run a business there than almost anywhere else in the US. That's why your job gains and your prices are so bad compared to the rest of the country, and especially compared to business friendly states, like Texas, for instance.

California bans most oil and gas drilling, for instance, while Texas embraces it. That has wide-ranging effects on everything.

Over the last 20 years, the TX jobless rate has been lower than CA in 223 out of 240 months, or 92.5% of the time.
The political environments in both areas are nearly opposite.
 
Obamacare imo affects the price of your fast food meal

Just a hunch.
You are right though. Costs a bunch more to drive through. Seems like Wendy's wants $7 for a 1/4 lb cheese with fries and drink.
Steak and Shake though will sell you a damn good Double Cheese with fries for $3.99 up in here and there is a coupon on the world wide web you can show them from your phone when you pay to get a free cold pop.

Order a mcdouble add mac sauce for $1.69 and you have a half price big mac without lettuce or the extra piece of bread.
 
80/20 ground Angus is $3.49/lb at the Harris Teeter near my house

Makes the PERFECT burger on a nice griddle.

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Angus
 
Let's bring some of those falling food prices to the US *

d
 
Yeah, it's "on sale" pretty much every week. They give the mountain people

the tainted meat.

This post was edited on 3/25 12:55 PM by JohnnyBeeDawg
 
SHROOMS - I liked ACID, but SHROOMS were unpredicatable ...

and probably my favorite. Well, I loved MESCALINE, but that was never around very much. Except for Halloween 1986, the Friday before Homecoming (played the mighty Richmond Spiders), when the whole town of Athens lost its mind and had a city wide psychedelic freakout. DJD, one of the wildest nights anywhere EVER. Something like 5,000 HITS of MESCALINE flooded the town.
 
Just got back from the grovcery store...see less than 0 falling food prices

there...especially in the meat section ( which is outrageous )...went to buy a beef roast for the crock POT...heck it was $6 lb...over $20 for one...F that... there is a reason that you see dollar general stores going up everywhere..
 
He is stuck in stat world on this one ..

Lies, damn lies and statistics. There may be some case for it worldwide, but food ain't going down around here. Not any of it that's worth a damn, anyway. I'm down to salmon, cod, perch and mahi mahi on fish. Everything else is $16 or more per pound.
 
LOL - I need to start driving to Asheville and get some of y'all's cheap ..

groceries up there. Hit the commie bar for a cocktail and a kimchee dog before I drive home. Sounds like I'll still come out ahead with all those cheap groceries up there.
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last year ended a big streak for row crop farmers........

Cotton, corn, peanuts, etc all went from historic HIGHs to levels that arent sustainable long term.

Gonna be a lot of young farmers going under if prices don't come back some this year. Land prices, rent prices, equipment, fertilizer, & chemicals all rose along with it.
 
Ground beef used to be $5 here. Now it's $3.50

Now that gas has dropped over a dollar a gallon, you might be able to save money if you do your grocery shopping up here!
Smiley face
 
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