I was doing a little news reading while taking my lunch break. Interesting to find out the the drought conditions we have been suffering has done immense amount of damage.
We were looking at 44% wheat loss. But today I find out we are facing over 50% loss.
Let me give you a few facts. Kansas is the largest producer of wheat in the nation. one-fifth of all wheat grown for consumption in the US is raised here. And we only keep half of it here, while exporting the other half.
So with over 50% of wheat in poor or worse condition what do you think will be happening with the cost of your bread?
And they are not yet done with the assessments.
10 comments:
Yikes! That does worry me... maybe i need to stock up on flour now...hmmm
I am more worried about Sarah Palin's run for the presidency then the price of wheat. I would happily pay $4 a loaf if she just.goes.away.
Sorry - I am kidding - sort of - what really worries me is the effect it has on the farmers and their ability to survive.
I am so used to outrageous prices I have given up.
[I also realize it is not just bread - just an example.]
And with North Dakota having to deal with flooding, things aren't getting better.
Hay is a problem here as well. We bought up enough to last 5 months, hopefully our hay guy will be harvesting. May say they will be nothing to harvest this year.
If we could only pipe the water from the flooded areas to the dry areas like they pipe oil in Alaska we could cure this problem. Glad you are safe through the storms.
Many people have bee talking about that, but the costs to do such a thing would still bring in higher priced wheat, hay, brome.
Some of the drought areas here just received 6 inches of rain in under 24 hours, flooding out what rains they had.
With all the wheat and hay problems this year, I can just see it now,>>> Big sale>>Big Macs for only $25.
Hi! Mr. H sent me over. We Ohio folks are talking about the lack of crops right now :
http://adventuresinthegoodland.blogspot.com/2011/05/nothing.html
http://mapleviewfarmdexters.blogspot.com/2011/05/weather-woes-for-farmers.html
Fortunately we've got folks out cutting hay this week. I'm waiting for a call to go and get some out of my hay guy's field. It was a little too close for comfort, tho.
we have a similar but far less distressing drought conditions here in the UK, my thoughts go out to you!
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