Wal-Mart US CEO To America: "Prepare For Serious Inflat

[hypocritexposer]

start stocking up

The world's largest retailer is working with suppliers to minimize the effect of cost increases and believes its low-cost business model will position it better than its competitors.

Still, inflation is "going to be serious," Wal-Mart U.S. CEO Bill Simon said during a meeting with USA TODAY's editorial board. "We're seeing cost increases starting to come through at a pretty rapid rate."

http://www.usatoday.com/money/industries/retail/2011-03-30-wal-mart-ceo-expects-inflation_N.htm

WASHINGTON, March 31 (Reuters) - Farmers will struggle to
replenish rapidly shrinking U.S. grain stocks this year,
despite plans to sow the most land to corn since World War Two
and near-record acreage to soybeans, two U.S. government
reports showed on Thursday.

Chicago corn Cc1 prices surged their daily limit, while
soybeans Sc1 and wheat Wc1 jumped more than 3 percent as
traders looked past higher-than-expected figures in the
Department of Agriculture's annual planting survey to focus on
inventories, which fell much more than forecast.

The report underscored the fact that U.S. farmers are now
reaching the limits of arable land in the world's biggest crop
exporter, with increased corn sowing coming at the expense of
soybeans and cotton. The spring wheat crop, while among the
biggest in decades, could yet shrink.

http://af.reuters.com/article/energyOilNews/idAFN3125675820110331

http://www.zerohedge.com/article/wal-mart-ceo-america-prepare-serious-inflation

 

[Faster horses]

Ah, not to worry, hypo. They'll just print more money. :roll: :roll: :roll:
:x

Seems like that's all they know to do. If it doesn't work, keep doing
it, eventually it will. :x

 

[rustynail]

seems like prices always jump at planting time and fall at harvest time!

 

[oldblood]

I do beleve it coming. Injoy the ride for a year or 2 then say hello to 1980 all over again.

 

[Denny]

I do beleve it coming. Injoy the ride for a year or 2 then say hello to 1980 all over again.

Amen to that...Best get your debt's in line.

 

[katrina]

WE are considering contracting sunflowers for $30.00 a hundred..

 

[per]

WE are considering contracting sunflowers for $30.00 a hundred..

What do flowers yeald?

 

[katrina]

2200 an acre..... On average.. It has a no fault clause...I think that is what it's called...