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Buying wheat now takes lot more 'bread'

Spectacular - It might pay to own a wheat farm.

This story is HUGE. As the dollar falls, the price of wheat will continue to rise. In another six months, this story will talk about how wheat is 10 times the price it was. Now, think about all those people living on the edge of their income. Bread will be $3 (gas will be $5/gal., milk $5). What happens when they can�t afford to eat?
Did you know? The U.S. and Canada back in February of this year agreed to use the MILITARY from either nation to send troops across each other�s borders during civil unrest (nope � not a conspiracy theory � google �Canada troops US�). Ask yourself what the advantage would be for the military to have Canadian troops on the ground in the US. You won�t like the answer. (This should also help you understand the disdain the current administration has for the Constitution)
So, for those of you who have your savings in dollars � this should be a wakeup call as well. Consider moving them to another currency or to a commodity like gold or silver. You might also want to buy a bit of wheat at today�s comparatively cheap prices.

Then you go to the grocery store and see them throwing away dozens of loves of bread, cake, donuts, cookies and rolls that did not sell. Solution: Bake Less.

Yes, just what we need, more government "help."

Where was everybody when wheat was at a al time low? Nobody was running to Pres. Bush to have him Adress the issue then.

Vote with your pocketbook; buy produce low on the food chain, eat less meat, both red and white. Though wheat and wheat-based products will continue to rise in price, due to our seriously neglected energy crisis, meat will inevitably rise as well. Also, support locally grown food, that doesn't have to be trucked across the country from Iowa to Utah. Support Utah agriculture, buy Cache Valley dairy products and other local ag.

This article is alarming and validates what wheat growers and consumers have been saying for years. The commodity cost and storage of surpluses in the world and the U.S.A are increasing in cost and supply, more so than world gasoline prices. The U.S.A. government policy of forcing corning prices skyward by instituting this leftwing liberal idea of making a fuel additive out of corn is insane. Corn is for cattle and other animals and humans, and is used for making cerals, tortillas and other products; not to go in anyones gas tank. We are also going to have more Mexicans coming to American with this policy. Please U.S.A. government, let's abandon this subsidy of corn growers to make ethonol, and start drilling in our own backyard, get our financial house in order with balanced budgets, and get the farmers back to growing the crops as they were years ago, to feed American and the world. Get your years supply of food items, including wheat. This coninuing news about commodity shortages is alarming, and should be in the mainstream tv news to wake people up, instead of hearing constantly about murders and mayhem 24/7 as we do.

Interesting article.. I just left a comment on a Wall St. board about a young man bragging that he had 70 percent of his assets tied up in Gold, Silver and Cash reserves.. I reminded him that he should try eating Gold, Cash reserves, and Silver for dinner tonight... I can see that old prophesy coming... Someday we will trade a pound of gold for a pound of wheat..

A person should eat no more than 2 slices of bread per day and it should be whole grain. Eat more oatmeal, less bread.

The reason food is going up so much is that much farmland is being taken out of food production to make ethanol to fuel cars.

This might be a decent trade off if it didn't take 2 gallons of oil to make 3 gallong of ethanol. Making ethanol from corn is most inefficient. We either should do it like Brazil does, efficiently or not at all. It cost tax dollars to subdize and it raises the price of food.

And yet the government says that inflation is under control. I don't get it. ALL commodity prices are way up. Petroleum is the base for a myriad of everyday consumer items. The price of gas drives just about everything higher for delivery costs. If inflation isn't at least in the 6 to 8 percent range, then there is no war in Iraq !! Who is kidding who........ ???

How stupid is it, to put our food supply, into our gas tanks?

This is the result of environazis, convincing everyone about global warming, and how crude is disappearing, both of which are total lies.

When I first told people about this scenario, as globalony started to take hold, they all laughed and said there was no reason for anyone to try to use it as an excuse for money and power, Well, here it is, and life in the United States will never be the same again.

Get used to not having, because its all going overseas. Imagine us paying $18 a bushel for wheat, while our government sells wheat to a bitter enemy like China? Keep voting for the same people. Look where they got us so far.

It's self inflicted folks. Get off your cell phone, turn off your mp3 player, and take a long hard look at where we are. Its possible that we could salvage some of the Republic, but I don't think Americans are smart enough to even see the problem anymore.

The frog is in the pan, and the water has about reached boiling. Goodbye frog. Good by America.

Calm down. Go back to reading alarmist propaganda from the false prophet Alex Jones.

Wheat will stabilize in this coming year due to more farmers capitalizing off the high prices. We have plenty of water in the USA this year, meaning there will be plenty of wheat for all next. Unless there is some catastrophic plague of insects or bacteria that targets specifically wheat...

And to those people that are mad "we" are selling our grain to "our enemy" China. That is what free markets are about, if China is willing to pay more for it who are you to tell them they can't sell it to them for a higher profit?

This shows you governments, specifically ours, need to keep their hands off our economy. Stop subsidizing farmers to grow a specific crop or to not grow at all. We have to grow as much as farmers are willing to, without government intervention and store up more grain in our times of surplus for possible hard times in the future. Grain can store for 30 years and still hold its nutritious value.

Prepare now and you won't suffer in the future no matter what that future brings.

How funny it is to heart people blame this on ethanol. Price of wheat is high mostly because of the droughts in the wheat belt, and australia in the last few years. We have not had a bad year for production of corn in seven years. Usally have a bad year one in four. We have a bad year for producing corn, corn will go through the roof. Wheat will come back down because so much more is being grown. Federal government is not letting land owners out of CRP contracts. If they did it might send the price of wheat to nothing. I am not for ethanol, but it not pushing the cost of wheat up.

As the last paragraph suggests, please, government, limit what Japan and China can buy. They are buying it up, storing it on our ground, and then selling it at exorbitant prices. Please stop this.

With two billion people from Indian and China attempting to live the American, consumptive, lifestyle the price of all commodities has been on the rise. Copper, oil, gold and wheat, are all near record highs. Get used to the new era of scarcity.

So where will we go to get our bread????
Wheat is a pretty big commodity to be forgetting... so we can put corn in our gas tanks......HELLO..........Whose brainchild idea was it to grow the fuel for our tanks? I don't think this issue is going to go away anytime this year or even next year.

John11;12;
The "environazis" (good to get your strident biases out on the table quickly, John; it saves the rest of us time) that I know are totally opposed to fuel from food policies, because they've thought a lot about where our food comes from. And crude isn't disappearing? Gee, I thought when I burned it in my tank (a rarefied version of it, anyway), that it turned into CO2 and H2O, and wasn't "crude" any longer. If you can show me, scientifically, how that is not a disappearing act, you and I can make a lot of money off the energy crisis.

This past Wednesday we purchased additional wheat for our food storage from a local (Salt Lake City) vendor. The cost was $23.00 per 50# bag for hard white wheat. To put this cost in perspective, in June '06 we purchased wheat from this same vendor for $9.27 per 50# bag. This translates into a 148% increase in price in about a 20 month period.

I've never heard a group of people complain more than farmers do ..... maybe they can stop bellyachin' about everything now that they're making big bucks on their crops......let me guess.... their fuel costs are so high that they aren't making nearly what they should be....