California Commodities Statistics-Look at How California Dominates
I always heard that the Midwest was the country’s bread basket. Have you ever thought that California is your grocery basket?
Have you ever studied the California commodities statistics?
When I was researching this issue, I was surprised at the number of our commodities California farmers are the number 1 supplier.
Just browse below and see what you and your family frequently eat.
I encourage everyone to start developing some food storage for your favorite commodities. It looks like the food supply chain will feel the effects of the drought for at least a year, maybe two years. Presently you’re not seeing an immediate significant increase in prices because of commodities already in the system. But, unfortunately, soon you will.
With incomes only increasing 1% last year while food prices rises significantly above that, the American consumer’s buying power has decreased. In America we’re not used to allotting a significant portion of our monthly income on groceries; however, there are many countries where people spend 20% or more on food.
What concerns me is when food prices increase, will people, for budgetary reasons, turn to cheaper foods? Generally cheaper foods are unhealthier, stuffed with GMOs, MSG, hidden MSG and aspartame along with food dyes and other food chemicals. Sometimes I wonder why they even call those items “food”. Maybe they should be more accurately be called “chemical ‘food'”.
We need to be smart. Why can’t we store away some food so when the prices increase during the “California Drought price rise” period we lessen the effect?
What I am advocating is storing for your grocery budget so you can engage in cost averaging. That’s what successful businesses do when they have a manufacturing material they know is going to increase in cost.
So look at the charts below. I suggest to you if you and your family regularly eat a commodity where California farmers have a significant impact upon the supply, that you store as many that are practical and within your budget.
(Note: Just don’t look at each commodities rank. Look at the percentage they have of the U.S. production for that commodity.)
After reviewing this, do you see why you need to store some food of your favorite foods so you can engage in cost averaging?