While looking at the prices of fertilizer, I noticed something. Even though the price of fuel may have gone down, the price of fertilizer is still high. I wonder if that is because the fertilizer that is being sold this spring was made last year? That means that the fertilizer was made when the price of fuel was still sky high.
Regardless of what fuel cost "right now", merchants have to recover the cost of making a product. And in this case, its fertilizer. Because the fertilizer is still expensive, that means that the high price of the fertilizer will be passed down to the consumer. In an already strapped economy, this is not going to help.
While looking over the Lowes website, a 40 pound bag of nitrogen fertilzier was 11.97 - more then twice what it was 2 - 3 years ago. The current prices that I am seeing on 13-13-13 is $12 and $13 for a 40 pound bag. That is twice what it cost 2 - 3 years ago.
We may not see a break in food prices until fall of 2009 or spring of 2010. And by that time the price of fuel will have gone back up. Meaning that expensive food is here to stay.
There is one group of people that high food prices hits the hardest, and that is the poor. The poor have less money to put into expensive food. Unlike the rich that have extra cash, and the flux in food prices will barley be noticed.
On a personal note - I recommend that everyone plant some kind of home garden.
Showing posts with label saving money. Show all posts
Showing posts with label saving money. Show all posts
Wednesday, March 18, 2009
Friday, March 6, 2009
Are you worried about food?
These days people are not only worried about this house note, or their electric bill, they are also worried about something much more basic - food.
An economic report from last month said that between 700,000 - 800,000 people lost their jobs in one month. Less people have jobs, so less bills get paid. But the one thing that must be bought is food. But what if someone told you that you do not have to buy food? That you can grow your own.
Its true. Regardless of what people have been told for the past 30, 40 or 50 years, food does not come from a grocery store - it comes from the ground. At first I did not believe it. I honestly thought that the grocery stores used some kind of magic to make the food appear out of thin air.
Could you imagine the money that a family could save if they planted some onions, tomatoes, peppers, potatoes, bell peppers, or anything else. Instead of having to "buy" the food, people could just go into their back yards and pick what they wanted. Why didn't someone think of this before? Familes could have been saving untold amounts of money all this time.
People, its time to step up and take care of your family. If these economic times are hitting you hard, its time to plant a garden - just like what our grand parents used to do.
An economic report from last month said that between 700,000 - 800,000 people lost their jobs in one month. Less people have jobs, so less bills get paid. But the one thing that must be bought is food. But what if someone told you that you do not have to buy food? That you can grow your own.
Its true. Regardless of what people have been told for the past 30, 40 or 50 years, food does not come from a grocery store - it comes from the ground. At first I did not believe it. I honestly thought that the grocery stores used some kind of magic to make the food appear out of thin air.
Could you imagine the money that a family could save if they planted some onions, tomatoes, peppers, potatoes, bell peppers, or anything else. Instead of having to "buy" the food, people could just go into their back yards and pick what they wanted. Why didn't someone think of this before? Familes could have been saving untold amounts of money all this time.
People, its time to step up and take care of your family. If these economic times are hitting you hard, its time to plant a garden - just like what our grand parents used to do.
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