Thursday, May 29, 2014

FOOD INFLATION IS HERE


Here in this brief video are my small examples of food inflation. Pay close attention to the canned chicken. You are in fact paying for water.

U.S. city average Bacon, sliced, per lb. from 2004 to 2012:
2004 $3.157 
2014 $5.690 
A devastating bacterial disease called “early mortality syndrome” is crippling the shrimping industry all over Asia right now.  According toBloomberg, this has pushed the price of shrimp up 61 percent over the past 12 months…
In March, shrimp prices jumped 61 percent from a year earlier, according to the U.S. Bureau of Labor Statistics. The climb is mainly due to a bacterial disease known as early mortality syndrome. While the ailment has no effect on humans, it’s wreaking havoc on young shrimp farmed in Southeast Asia, shrinking supplies.
This disease has an extremely high mortality rate.  In fact, according to the article that I just quoted, it kills approximately nine out of every ten shrimp that it infects…
Cases of early mortality syndrome, which destroys the digestive systems of young shrimp, were first reported in China in 2009, said Donald Lightner, a professor of animal and comparative biomedical sciences at University of Arizona in Tucson.
The disease, which kills about 90 percent of the shrimp it infects, traveled from China to Vietnam to Malaysia and then to Thailand, he said. Cases also were reported in Mexico last year, Lightner said.
A different disease is driving up the price of pork in the United States.  It is known as the porcine epidemic diarrhea virus, and in less than a year it has spread to 30 states and has killed approximately 7 million pigs.
The price of bacon is already up 13.1 percent over the past year, but this is just the beginning.
It is being projected that U.S. pork production could be down by as much as 10 percent this year, and Americans could end up paying up to 20 percent more for pork by the end of 2014.http://theeconomiccollapseblog.com/archives/the-meat-crisis-is-here-price-of-shrimp-up-61-7-million-pigs-dead-beef-at-all-time-high 

GaryMule
 

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