401–410 of 918 posts
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From what to what? I don't know if you're talking about a 600% increase of a tiny number or what.
£0.03/kWh to £0.18/kWh. Yes the number overall is tiny - but it still means that whatever I used to spend on heating/hot water, is now 6x higher.
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Corn seems to be a good leading indicator here[1]. Cash bids were $4 in 2019, $5 in 2020, $6 in 2021, $7 at the start of 2022, $9 when the war in Ukraine broke out, down to $8 in June, and now at $7.50 where it has remained stable at since the beginning of July. Which suggests that things are indeed slowing. [1] Which likely ends up being a proxy for oil, but as a farmer I watch food commodities much more closely.
The issue has to do with the harvest coming up. The next harvest will come from fields with less fertilizer and higher fuel prices. We can expect corn prices in the fall jumping significantly. Next year will even be worse, we are using a fuel reserves now and fertilizer will still be an issue (unless peace is made with Russia). I’m expecting a significant increase in the next 2-3 months then again in 15-16 months.
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Avg gasoline prices are down 20% in 2 months. Is that noise? https://ycharts.com/indicators/us_gas_price
That's an artifact of dumping 30% of the strategic oil reserves into the market to drive down prices. Maybe the prices stay low, but with Europe warning of fuel shortages this winter, I can't see that happening.
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The issue has to do with the harvest coming up. The next harvest will come from fields with less fertilizer and higher fuel prices. We can expect corn prices in the fall jumping significantly. Next year will even be worse, we are using a fuel reserves now and fertilizer will still be an issue (unless peace is made with Russia). I’m expecting a significant increase in the next 2-3 months then again in 15-16 months.
Don't futures cover the cost of most of this stuff?
Great. All I know is I'm trading a lot more time for money this year. Way less takeout, avoiding toll roads unless it saves at least 30 minutes, fewer streaming services (will renew on a show-by-show basis), and food is getting so crazy I might start going to multiple stores to try and save money instead of my one consolidated trip to Wegmans. I'm also stuffing my freezer with meat and have a year's supply of non-per…
When I need to pad my savings I cut some costs but mostly I just work extra hours in side gigs. I couldnt imagine its worth going to multiple grocery stores to compare prices. Shop at 1 store, pay more for some items, work an extra hour to make up for it. I'm building my career and getting paid instead of experiencing traffic, grocery stores at peak hours, check out lines, and loading/unloading food to and from the car/house for a second time.
Does it really make sense for you financially to do that?
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Coastal and flood prone insurance is rising in the US at a higher fixed rates the next couple of years because of federal policy changes that reduce the insurance cross-subsidy for riskier areas.
This was my experience while living in Florida. Hurricane/Flood risks made it so there was no "shopping around". I had a house (built in the mid-60s) with a ton of tree cover. There was basically one company who'd even talk to me. I can't imagine what they'd charge me these days.
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Your post violates HN posting guidelines. We can have a better conversation if you engage with people's points rather than speculate about why they said them.
I appreciate the comment though :)
I often stay comments that unintentionally trigger particular personalities. That said, HN generally tends to be one of the more open areas on the internet to discuss facts and opinions.
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Who exactly is "they"? The... Big Bug industry?
Insects are being promoted as a way to hit UN’s sustainable development goals [1] There’s also an industry emerging, with big pushes from organizations like WEF, to normalize eating bugs [2]. Investors are getting in on this trend too [3] 1. https://www.mdpi.com/2075-4450/12/6/557 2. https://www.weforum.org/agenda/2021/07/why-we-need-to-give-i... 3. https://fortune.com/2022/05/24/war-ukraine-big-ag-insect-fee...
Great. All I know is I'm trading a lot more time for money this year. Way less takeout, avoiding toll roads unless it saves at least 30 minutes, fewer streaming services (will renew on a show-by-show basis), and food is getting so crazy I might start going to multiple stores to try and save money instead of my one consolidated trip to Wegmans. I'm also stuffing my freezer with meat and have a year's supply of non-per…
Just be careful that your freezer has a reliable electrical supply. The National Electrical Code has required GFCI protection on garage outlets since 2008 and those can occasionally fail and trip off for no reason. Ask me how I know...