Jump to content
House Price Crash Forum
Sign in to follow this  
Guest Bart of Darkness

Let Them Eat Err... Cake?

Recommended Posts

Guest Bart of Darkness

This from the FT web site:

A "perfect storm" of record summer temperatures, low global grain stocks and the expected growth in biofuels has seen wheat prices rise to 10-year highs and may lead to big increases in the cost of bread and pasta.

Corn and barley prices are also likely to rise, which may in turn push up the cost of beer and breakfast cereals.

Are any of these things in the CPI basket or is it just iPods and DVD players these days?

Share this post


Link to post
Share on other sites

This from the FT web site:

Are any of these things in the CPI basket or is it just iPods and DVD players these days?

buy a pint now or miss the boat forever! ;)

Share this post


Link to post
Share on other sites

This from the FT web site:

Are any of these things in the CPI basket or is it just iPods and DVD players these days?

If they are, expect them to be removed shortly!

Share this post


Link to post
Share on other sites

http://www.statistics.gov.uk/articles/nojo...basket_2005.pdf

Looks like recent additions were: chicken nuggets, pre-packed veg, leather settees, BBQs, small pets, Champagne and gemstone rings.

I know for a fact that leather settees have been tumbling in price due to oversupply. BBQs have become much cheaper than 5 years ago. Small Webers used to be 99 pounds now around 50 pounds. Not sure about small pets. Chicken nuggets?

I think the ONS (Gordon) would have been smart enough to avoid cereals knowing in advance that world shortages and climate chnage go hand in hand. Chicken items were a smart move with Bird Flu around and aversion to buying chicken.

Share this post


Link to post
Share on other sites

I don't drink 'beer' or eat cereals in the morning just protein/carbo drink and high quality vit/min/oil supplements...

...but even they are going to be outlawed by the "Codex Alimentarius" soon - bloody pharmaceutical corporates are trying to control what we eat and ultimately what diseases/cancers we develop in the future - which will need to be treated with their overpriced products.../rant over/

Edited by dnd

Share this post


Link to post
Share on other sites

This could be it. A large increase in the cost of breakfast cereal could cause thousands of people to default on their mortgages leading to repossessions and a slump in house prices. Or the sheople could switch to toast.

:lol:

Share this post


Link to post
Share on other sites

I'm a farmer's son and me da' has stopped growing any arable this year, as have most farmers in this part of Wales - the returns are crap, even with subsidy, though growing barley, maize and wheat for your livestock, instead of buying fodder in, can make sense.

Prices will increase - it's inevitable. And yes, farmers are growing biofuels instead of food for the first time in this area - miscanthus, etc.

Silage yields have also been very poor so far this year.

With the increasing demand for biofuels kicking in, and increasing prices in that sector...................

Interesting times ahead.

Edited by gruffydd

Share this post


Link to post
Share on other sites
Guest Bart of Darkness

This could be it. A large increase in the cost of breakfast cereal could cause thousands of people to default on their mortgages leading to repossessions and a slump in house prices. Or the sheople could switch to toast.

:lol:

'Fraid not. Bread is supposed to be rising as well.

Boom boom!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.