Olive oil 🚀🚀🚀🚀🌕🌕🌕🌕
What's up plebs, hope you are enjoying all this inflation we are having during this not-recession we are experiencing.
A couple weeks ago, I wrote about how world wide crop failures will soon result in even higher prices when it comes to wheat, rice and even coffee.
Here's another crop that will probably go moon, so you may want to stock up while it's still cheap... Or less expensive to be more fair ^-^
Olives and olive oil. Seems like Spain which is the top producer will have half the production this fall and similar reports come from most other big producers like Italy and Greece. In some places production is even down by 90%. Of course prolonged heatwaves due to climate change [insert your silly conspiracy theories here] are to blame and I doubt things will get better next year 😶
Personally, I will barely be ok. I happen to own a few trees that provide me with more then enough oil and olive oils to make the year..Enough to give out a lot to friends and family for free... But this year my trees got hit hard too, after a quick eye examination I think my production will be down by 70-80 %! Oh well, no giving away this year 😂
Of course shortage in olive oil will probably result in heightened prices for cheaper alternatives, like sunflower oil. So stock some of those too!
In other news, I also hear Florida had a shit season when it comes to oranges and Georgia had pretty much no peaches. So these are two products you may also want to keep an eye out for!
Seems like food is gonna be the new moonshot to look out for. Get in before the train leaves the station 😅😆😂 🚀🌕
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If this is Not-recession than I hope we never see recession. 🤣
Already bleeding in this inflation !LOL
Honestly, I stocked wheat, rice and sugar too after that blog of yours back then and literally price is almost twice more expensive now.
Hell nah, climate change hittin olive trees.. ah, we're all down bad. 😆
Seems like it's better to stock everything that can last long without expiring. Food becoming a new luxury... 🤣
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Wrong numbers going up...
Mr sir Biden told me so, I think it's true
Gotta believe in the Bidenomics.
It is a sad reality that he explains in his publication. In the case of our country, food prices are beyond the stratosphere and in the case of oil, so necessary in the food diet, it becomes impossible for many.
These producers and others that are not there are going straight up. Thank you very much for sharing. Cheers and best regards.
wen food wars ? :P ( I hope this comment remains silly in a few years )
Probably sooner then we expect
Soon only the rich will be able to afford food...
What happened to your trees?
Same prob. Production down due to heat waves
That sucks!
That's a big news. Inflation rate is going on increasing.
And I love coffee and olives.
Think I must stock up
I want to be one this train, but inflation is not letting me.
So ironic that Bill Gates bought up great big, Huge-Enormous plots of US farmland over the past few years —> what a genius!!! 😳😲😜😤😤🤬
I hear nuclear bankers in NZ are the next big thing 😁
I think it's going to happen more and we can't control all of these natural disasters. I wonder if we will be eating bugs like Bill Gates wants.
Prices are going up like crazy. Here in the Ph our president already issued an executive order to cap the price of rice. I dont think it will hold that long though. Thats a huge decrease in your olive production.
Here we don't use olive oil that much because its very expensive and with this heat wave, I guess the price will Triple and only the extremely rich can afford it😅.
:(
You are really good in projecting this. Those who are interested should cease the opportunity immediately.
It’s affecting everything, wheat, corn, olives, nuts, fruits, it’s gonna be bad.
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