Your loss my Grain.

I have spoken in length about agflation in 2008 and as much as I’d love to to consign the whole topic to history, however much like a few choice people I know, it simply won’t go away, even though it would be great if it did.

Most of the coverage in the press is focusing on biofuels and the fact that they are using up human consumables to make car consumables, however this is really only a partial answer, what is likely the true driving force is the emergence of Western style diets amongst the BRIC nations (Brazil, Russia, India, China) and other emerging economies. The breakdown is simple, staple foods and their availability are under attack from biofuels but its animals and the increased consumption of them that are causing the most serious shortfall.

I’m not about to go all pro-vegetarian/vegan/macrobiotic or anything on people but there is a strong argument for a reduction in meat consumption apart from the obvious health risks that a meat heavy diet brings with it. The issue in the here and now is …

Read More

Learn a little about gardening to avoid inflation.

I know in advance I’ll draw some laughs (the ‘at’ kind, not the ‘with’ kind) due to this post but I do think it’s relevant. Today I am telling people to learn a bit about gardening, specifically, market gardening, in order to avoid getting hit by ag-flation. Agflation/Ag-flation (because it’s not an official word yet I don’t know if requires a hyphen or not) describes the current phase of world food commodity prices, the inflation is being driven on agricultural products, rice, corn, wheat, meat etc. So expect to be paying more at the till for every kind of food, in fact there have been riots in Mexico and Indonesia already because of food prices, in Haiti they stormed the presidential palace in Port au Prince and dethroned a leader.

Egypt has suspended rice exports and is trying to organise a rice for wheat swap with Syria, Ukraine is in talks with Libya, and the Philippines are in talks with Vietnam, this …

Read More