Tuesday, March 3, 2009

Wheat Prices ......way down

Last fall, we saw a tremendous increase in wheat prices, and many people were scrambling to find it where ever they could find it. This spring is a different story. See the chart below.

Now is a great time to buy wheat. But, as one member of our ward informed me on Sunday, Lehi Roller Mills (LRM) was out of wheat when he went to get some. LRM was out of wheat on and off last fall as were other retailers in our area. It is the basic law of supply and demand.

There is a sense of heightened awareness regarding food storage staples right now. So, use due diligence and find it if you don't have it. Suppliers in our area to check are are:
  • Allison's Pantry

  • Lehi Roller Mills

  • Macey (Look in the Preparedness "nook" or area)

  • Emergency Essentials

  • Walton Wheat (Alpine Food Storage is now placing an order with them every 2 weeks, see February posts for more information)

I would encourage you not to wait to purchase this important staple. See these 2 excerpts from the following sources:

Feb 4 - A lack of credit for seeds and fertilizers for farmers over the last six months could limit food production and trigger a new wave of price rises, Nestle Chairman Peter Brabeck-Letmathe has warned. The chairman of the world’s largest food company said: “Many farmers over the world didn't have access in October, November, and December for credits. They were limited in acquiring seed and acquiring fertilizer.” “It is probable that in 2009 we have a decline in production and we will have an increase in demand,” he said. “This will have another push on raw materials.” Some analysts fear plummeting food prices may prompt farmers to lower plantings and investment – leading to drop in crop production in 2009. (Flexnews 2/4/09)

Feb 4- The 400-mile Central Valley (in California) is many things: the world's largest agricultural area; the "salad bowl", where half of the country's vegetables are grown. But this year, with water shortages of a severity not seen for decades, many farmers and others are echoing the recent words of energy secretary Steven Chu: if current weather patterns continue, Californian agriculture could disappear. John "Dusty" Giacone, another fourth-generation Central Valley farmer, was forced to abandon his vegetable crop and divert his scarce water to save his 4,000 hectares of almond trees. “Taking water from a farmer is like taking a pipe from a plumber," Giacone told the Associated Press. "How do you conduct business?" (Dan Glaister in Los Angeles guardian.co.uk

If you are wondering what you will do with it when you get it, contact me and also watch the blog. I plan to include information on grains, milling, and even a few tried-n-true recipes for you.

One of the scriptures that we memorized for ward conference this year applies here:

"For behold, again I say unto you that if you will enter in by the way, and
receive the Holy Ghost, it will show unto you all things what you should
do" (2 Nephi 32:5)

Best wishes on your quest to be prepared.

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