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Monday, May 23, 2011
Global food inflation hits hemp seed, coconut oil and other superfoods: Here's why it's happening
Wiki Commons
Mike Adams
Natural News
Food inflation is hitting the superfood industry right where it hurts -- in the wallet. Thanks to several factors you'll read about here, prices on hemp seeds, hemp oils, coconut oil and other superfoods are set to skyrocket beginning in just a few days. One of the largest superfood suppliers in the USA,
Nutiva
, has announced an 11% price increase coming May 27th, and that may be just the beginning of an accelerating trend in steady increases.
In anticipation of this price increase, we've taken on a huge inventory of Nutiva's Certified Organic Hemp Seed and Hemp Oil
at the old
prices
, and we have a generous supply available to
NaturalNews
readers who want to beat the price increase (see below).
Why hemp and
coconut oil
prices are heading into the stratosphere
In a letter sent to us by
Nutiva
, founder John Roulac explains that
the price of
coconut
oil has doubled in the last six months
. While coconut
oil
suppliers are able to absorb some of this
cost
in the short term, they cannot do so on a permanent basis. This means that the prices
consumers
pay for coconut oil are headed sharply higher.
Impacting
hemp seeds
and hemp oil,
the price of crude oil
(up 30% or more over the last few months) adds to the cost of transporting these
foods
. Remember, thanks to the completely idiotic and utterly anti-American stance of the
DEA
, President Obama and most of the U.S. Congress,
it is illegal to grow hemp seeds in
America
, meaning all hemp
seeds
sold as nutritional foods in the
USA
must be imported from other countries. This policy is not only destroying opportunities for U.S.
farmers
; it also results in the wasteful expenditure of fossil fuels to transport
hemp products
to the USA from other countries.
(Seriously, you have to wonder just how much
Washington
is really trying to destroy America these days with its continued
ban
on the growing of hemp
oils
, hemp seeds and
hemp
fibers. This is not a question of whether hemp
products
are good for America -- we already know without question that they are, which is why so many hemp products are imported. This is a question of why the economic morons in Washington have declared war on U.S. farmers and continue to criminalize the growing of a
superfood
crop with a huge number of industrial and textile applications...)
The fall of the dollar means a rise in the price of imported goods
The third factor sharply increasing the cost of imported hemp products is
the plummeting value of the U.S. dollar
versus the Canadian dollar. Much of the hemp imported into the
United States
is grown in Canada (where it's legal, see? So Canadian farmers reap the financial rewards while U.S. farmers face bankruptcy...), and as the U.S. dollar loses purchasing power, it's going to make the domestic cost of imported items increasingly expensive.
For those who enjoy following what's really going on behind the scenes with international currencies, the truth is that the United States is constantly trying to
weaken
the dollar in order to bolster U.S. exports to other countries. A weaker dollar makes our goods cheaper for foreign buyers. But when combined with the utterly insane domestic policy of
the prohibition of hemp
farming
, it becomes a shell game circus that only ends up hurting American farmers and consumers.
The day our elected leaders actually demonstrate an intelligent grasp of the laws of international trade and economics is the day I gobble down an ear of GMO
corn
on live television...
Food scarcity is causing food
inflation
All around the world,
radical weather patterns
and the day-by-day losses of topsoils are causing record crop losses. Areas that used to be rainforest have been clear-cut to grow soybeans, and now many of those areas have become deserts due to ecological destruction.
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