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wheat Archive
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Bread and cereals consume more of the grocery budget - by frog
Stats New Zealand has just released its monthly Food Price Index and the key stat is that food prices are up 6.8% over the year, still well ahead of inflation. While the Stats New Zealand release focuses on veges it’s important to note that vegetables were starting from a low base and are now returning [...] read moreJune 12, 2008 12:38 pm - 18 Comments -
Sue Kedgley on Peak Food - by frog
Sue Kedgley spoke at the Farmers Market Biennial Conference yesterday on Peak Food: We are in danger of becoming a cash crop nation –producing dairy and to a lesser extent meat for export –while other sectors are being eroded by cheap imports. We import 2.8 million tonnes of food each year — bananas from Equador, [...] read moreMay 31, 2008 7:38 am - 39 Comments -
More valuable than heroin - by frog
It seems some combination of the price falling out of the heroin market and rapidly rising world food prices means that Afghan farmer are converting from poppy growing to wheat. Poor old United States with its multi billion dollar ‘war on drugs’ – all it had to do the whole time was raise the price [...] read moreMay 16, 2008 8:07 am - 13 Comments -
The farmers’ share - by frog
Federated Farmers have just released an interesting report on the share of profit that farmers get from the retail price of food. [T]he farm price for wheat in 2008 was 16 percent of the cost of a loaf of bread. Of a 20-slice loaf of bread the farm share accounted for around three slices. In [...] read moreMay 15, 2008 4:37 pm - 22 Comments -
The price of bread - by frog
National Radio had an item on the rising price of bread this morning. Much of the reason given was droughts in Australia and overseas use of crop land for biofuels. Now, bread should be something that we are able to supply relatively easily. After all it’s mostly made from things we should be able to [...] read moreMarch 28, 2008 1:56 pm - 7 Comments -
Peak Oil and Food - by frog
I’ve blogged on these topics many times before, and the relationship between the two. This week’s Peak Oil Review, published by ASPO-USA, states the relationship so clearly I won’t bother to do anything but quote it: US wheat inventories have now reached a 60-year low and wheat prices have risen by 50 percent in the [...] read moreFebruary 12, 2008 12:27 pm - 16 Comments
