Analysts Predict Ten Years of High Food Prices

According to an Associated Press (AP) report, food prices are soaring worldwide and we probably won’t see any relief for the next ten years. Countries from Equador to Italy, Japan to Mexico are seeing food prices jump up astronomically. Many families are finding that the cannot feed their families. The poorest countries are the worst effective, but even is more prosperous countries, such as egypt and Italy, violence and protests over food prices are emerging. AP reports: “’It’s not likely that prices will go back to as low as we’re used to,” said Abdolreza Abbassian, economist and secretary of the … Continue reading

Stock up on Flour, Bread and Cereal Now While You Can

Here is a little bit of news that you can use. It is time to stock up on your flour and wheat as much as possible within your budget for the next few weeks. Whether you use wheat flour, all-purpose flour or bread flour, you’ll want to put by a good stockpile. This is because analysts are predicting record high prices for wheat and wheat products. One story in the news predicts that bread may go as high as $5 a loaf by the end of the year. While I’m not sure that bread prices will soar quite that high, … Continue reading