FOOD FUTURES UP 19% IN 2014

This is a harbinger of the market reacting to calamities such as drought.  The proof is in the pudding. 

I am not surprised in the least.  People do not realize that one of their big budget cost centers is far outstripping the stated rate of inflation.  Food and fuel costs will drive up the cost of everything else.  Our middle class is losing the battle against inflation as we are plunged into virtual slavery.  And no one really cares.....  When is that next episode on?  Can I have my "free" bama bucks.....

Yep - this country is hosed.

Here is what got me spun up:

The Real Inflation Fear - US Food Prices Are Up 19% In 2014

Submitted by Tyler Durden on 03/26/2014 10:20 -0400

inShare41

We are sure the weather is to blame but what happens when pent-up demand (from a frosty east coast emerging from its hibernation) bumps up against a drought-stricken west coast unable to plant to meet that demand? The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 - up a staggering 19%...



h/t Bloomberg's Chase van der Rhoer