Saturday, April 30, 2011

Good thing I stocked up....

I'm buying more though because Q 2 easing isn't over yet. As I have been predicting (not rocket science) your best investment besides paying off credit cards and switching to personal loans, is food. Especially any bought overseas.

Too bad I was right about gas and couldn't stock up.  Soon gas hits five bucks, remember that little post?, it will probably pay me to trade the Suzuki for a Toyota Prius or it's equivalent for gas mileage.

Not to say moving closer to work wouldn't  help but car shopping is more fun. But unlike most people around here I know I can afford it! LOL.

Coffee May Rise 40% on Frost After Kraft, Smucker Raised Prices - Businessweek

Brazil, the world's biggest coffee grower, is facing the risk of frost after hail this month, raising the prospect of a 40 percent jump in bean costs after Kraft Foods Inc. and J.M. Smucker Co. already increased prices.

The chance of frost in Brazil increased with the weakening of La Nina, a cooling of waters in the Pacific Ocean, Brazil’s Somar Meteorologia said this week. Frost in 1994 damaged 35 percent of the crop by 1997, sending prices up 39 percent that year, according to Somar. Should cold weather damage trees this year, coffee may rise to a record $4.20 a pound, the median in a Bloomberg survey of 11 analysts, traders and investors.


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