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 馃樁
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 馃槀
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 馃槄馃槅馃槀 馃殌馃寱