Reality Now: Massive Price Increases at LDS Food Distribution Centers in Last Ninety Days
- April 15th, 2011
Commodities have been going absolutely ballistic for months, with the mainstream focusing more on oil and gas than anything else. Price increases in other commodities like wheat, beans, and rice, which have, for the most part, been subdued on the consumer retail side because companies were willing to take the margin compression for a while, are now becoming a painful reality.
A recent email from a regular reader of SHTFplan who closely follows food price fluctuations outlines that it’s not just large corporate grocery chains that are raising prices, but not-for-profit organizations. Provident Living, a huge food storage and dry goods distribution organization for the Latter Day Saints has alerted their members that prices are up from between 11% to 49% on basic food staples.
Keep in mind that the LDS are extremely large buyers of food. They buy in bulk across the country, and they buy hard assets, not paper traded commodities. They don’t attempt to profit from their Prodivent Living storage centers, which are located in just about every major city in the United States. So, if they’re raising prices, it’s because their acquisition costs are going up.
The most stunning aspect of the price increases, is that they have occured not in the last year, but over the last 90 days.
The following chart shows the price inflation in the majority of food storage products (generally 10 pound to 25 pound bulk bags) distributed at the Provident Living centers.
The following note from DP sums up the reasons for the price increases and actions that should be taken by those who are interested in preparedness and making non-traditional investments to protect wealth:
The LDS church have long been at the forefront in preparedness for families and communities. Their network of companies and church affiliations allow them access to cheaper food sources, and the capacity to store them for long periods of time through their canning facilities. As the government and Federal Reserve continues to tell the American people that inflation is low, and contained by their monetary policies, the real barometer of inflation in the economy comes from the grocers, markets, and institutions that deal with food sales and production, and must monitor prices daily as commodities continue to climb.The LDS Church ’s raising food prices at their canneries by 11 to 49% in just
three months should be a serious wake-up call to all Americans on the true inflationary conditions that exist in our economy, and that we need to constantly look outside government reports for the true data affecting our spending and finances.
33 Responses to “Reality Now: Massive Price Increases at LDS Food Distribution Centers in Last Ninety Days”
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April 15th, 2011 at 11:18 am
April 15th, 2011 at 11:53 am
Federal Reserve Bank of Philadelphia, Gold, p. 10“Without the confidence factor, many believe a paper money system is liable to collapse eventually.”
April 15th, 2011 at 12:12 pm
I can confirm this firsthand as I just recently discovered the LDS cannery in my city on a thursday (day for non member) when I came back on the next tuesday (another day for non members) I was met at the door with a 30% across the board price increase due to gas (& inflation). Still a great deal as it is heavily subsidized by the church & IN STOCK & you take it home that day unlike a lot of online/mail order stuff which has delays in shipping.
* I was also told that there was a similar price increase at the beginning of the year. Its not too late but the writing is on the wall for those who would read.
April 15th, 2011 at 1:21 pm
2. While I was there they told me that everybody is very worried & stocking up like crazy.
3. The LDS Canneries are no longer open to Non-Mormons unless this all blows over (unlikely).
4. You can still get in with a Mormon Church member. I guess I’ll go that route & just pay for my neighbors gas if/when we go.
April 15th, 2011 at 1:49 pm
April 15th, 2011 at 1:51 pm
April 15th, 2011 at 2:00 pm
April 15th, 2011 at 2:19 pm
April 15th, 2011 at 2:33 pm
April 15th, 2011 at 2:35 pm
I have been going there for a year and a half. Rice was $8 for a 25lb.box forever..
Time before last – about three weeks ago? $10
This past week – $13.85 for the exact same box. I noted the 40% rise since the last price increase of over 20%.
It’s happening. Trader Joe’s is raising prices. I don’t shop the “regular” grocery store much – but not is the time folks.
STOCK UP NOW!!!
April 15th, 2011 at 3:52 pm
April 15th, 2011 at 4:01 pm
April 15th, 2011 at 4:02 pm
April 15th, 2011 at 4:03 pm
I am here to tell you, without a doubt, that prices are going up. And up. and up.
There is no way around this. The the Fed prints money like it is going out of style, the value of a dollar is eroding.
Oftimes my customers complain – “you are raising your prices”. They think I must be making gads of money. Truth is, I am losing money while trying to keep prices down. Inflation is eating my business to the core.
Notice how many businesses are closing their doors in your area? Homes going up for sale? Rental units going unfilled? There is a reason for that. We are in the midst of a major economic meltdown. Make no mistake about this.
My advice is to take as much money as you can and use it to purchase the everyday items you use and can use in the future – such as extra food, extra clothing, pay up your rent several months in advance, etc. Because any money you have saved and put in the bank will be eroded by inflation.
If you are fortunate enough to have funds in reserve, use these funds to stock up on gold and silver.
Only in these ways can you preserve your wealth.
April 15th, 2011 at 4:36 pm
SHTF timeline? I’m thinking five years.
April 15th, 2011 at 5:04 pm
April 15th, 2011 at 5:27 pm
April 15th, 2011 at 6:19 pm
Read “Common Sense 3.1” at ( http://www.revolution2.osixs.org )
FIGHT THE CAUSE – NOT THE SYMPTOM
We don’t have to live like this. “Spread the News”
April 15th, 2011 at 8:45 pm
April 15th, 2011 at 10:29 pm
April 16th, 2011 at 12:48 am
Question for a God’s Creation, or DK, Yourdaddy…..some one/anyone I seen an idea on a forum board that talked about taking preps and selling on Craigslist or something as prep starter kits like say 100lbs of wheat, 50 lbs of rice and 50 lbs of beans all in mylar bags and buckets to make some extra money. I know it is food, but it is in raw form? Does anyone see a problem with this and what are your opinions on this?
Thanks all
April 16th, 2011 at 2:48 am
April 16th, 2011 at 4:55 am
I’m trying to teach my kids and grands how to survive in the coming yrs, sometimes I think a trip to the woodshed is what they need to get their attention.
Rick,
I think America has to look back about 45 yrs when the first family farms,Mom & Pop stores, small factories closed because they were being eating up by big business.Most of it was greed, even i stopped doing farm work because i could earn 2 times as much money in half the time off the farm. If there were any good olds, they were in the 50s,60s,70s, for most people, anyone who wanted to work had a job, gas under 25 cents a gal.
April 16th, 2011 at 8:40 am
April 16th, 2011 at 12:45 pm
This is happening faster than expected; this is a very serious situation and the most important economic event of our lifetime.
I don’t think it will take five years, more like 18 months if we’re lucky, but probably sooner.
April 16th, 2011 at 12:45 pm
April 16th, 2011 at 3:18 pm
April 16th, 2011 at 4:23 pm
It WAS nice to be an AMERICAN for awhile..
LTR,
GFG
April 16th, 2011 at 5:27 pm
April 16th, 2011 at 6:09 pm
Now, my 2c worth: “Money” is whatever medium of exchange we use. It is simply the accepted transfer mechanism between our work/ingenuity and the goods or services we want. Everybody gets that. What lots of folks don’t understand (and I’m still learning, myself) is the endless ways the system is being manipulated. Taxes alone are never enough for the weasels, and besides they don’t get full ownership of all taxes. The magic dragon called Inflation is a much better tool for them. What we have allowed to happen to us is this–The “money” that we accept and depend on for trading is now completely out of our control. We let evil, greedy, godless men determine what is accepted as money ( ie the medium of exchange available to us) and worse yet what the VALUE of that medium is! This means someone other than ourselves determines what our labor is worth. And any transaction involving the weasels authorized “money” puts us at their mercy. By manipulating markets, currencies, even whole national economies, they are able to continually squeeze us, through Inflation, into giving more of our labor for less and less in return. They also use it to retake ownership of things from us. Inflation = recession/depression = lost jobs = default on mortgages = reposession. That puts the ownership of the goods or real property back in the hands of the weasels. And it simply erases any value or ownership claim for all the money previously paid in. Home buyers discover that they were just renters all along. The sad part is, the home buyers were playing a rigged game and didn’t know it. The weasels make all the rules and change them as they go. It’s impossible to win in a game like that.
Inflation eats away at us on every side. It should be seen as a “tax” imposed on us by people we don’t know, didn’t elect, and who are not accountable to anyone. If we are to be truly free, then we must learn what “money” really is, where inflation comes from and by whom. Then we have to get out of their rigged game wherever possible and fight to reclaim the right to determine what our labor is worth. Admittedly, I’ve got as much to learn about this as anybody.
We once had a nation where money was sound and the people determined it’s value. I’m a bit cynical about the future but maybe with God’s help, we can again.
April 16th, 2011 at 10:34 pm
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April 17th, 2011 at 4:48 pm
April 18th, 2011 at 10:24 am