I think this is a pretty good assessment concerning what is coming in food prices.
15 Reasons Why Your Food Prices Are About To Start Soaring
MICHAEL SNYDER – ZeroHedge
Did you know that the U.S. state that produces the most vegetables is going through the worst drought it has ever experienced and that the size of the total U.S. cattle herd is now the smallest that it has been since 1951? Just the other day, a CBS News article boldly declared that “food prices soar as incomes stand still”, but the truth is that this is only just the beginning.
Phi Beta Iota: Mega-agriculture is stupid at multiple levels, among the most important being that it is wasteful of water and dependent on “free” water in plentiful supply. All of the hard earned knowledge of indigenous populations about resilient (and localized) agriculture has been lost to corrupt commercial and political interests who placed personal profit ahead of public good.