POPCORN AND NOW THE REAL STUFF

Yesterday I was venting about the price of Popcorn at the movie theater BUT this morning I woke up to a much more important story about the price of FLOUR and WHEAT.

I don't need popcorn but I have a sourdough bread Jones and it looks like my rolls are going to be reaching new heights on the monetary scale.

PLEASE REMEMBER ONE IMPORTANT ISSUE AS YOU READ THIS ARTICLE.

WE CONTINUE TO PAY FARMERS NOT TO GROW CERTAIN CROPS....WHEAT BEING ONE OF THEM....AND THE FARMERS THAT SIGN THOSE SUBSIDIES ARE COMMITTED TO 10 AND 15 YEAR CONTRACTS.

ALSO KEEP IN MIND THAT FLOUR AND WHEAT INCREASES WILL RESULT IN PRICE INCREASES FOR...

PIZZA AND BEER

AND I THOUGHT POPCORN WAS A PROBLEM

WHEN AMERICANS EXPERIENCE A RAPID INCREASE IN PIZZA COSTS...THERE WILL BE AN UPRISING....

BEER PRICE INCREASES WILL RESULT IN A TOTAL REVOLUTION.

Wheat hit a record high of $12.70 a bushel last week and that is a 31% increase over last year at this time.

Flour is at $27 for a 50 lb bag.....it was $12 a year ago....there are estimates that it could go as high as $60 within a few months.

Imagine your breakfast croissant costing around $9.

HERE ARE THE REAL INTERESTING PARTS OF THE STORY.

WE EXPORT A LARGE PERCENTAGE OF OUR WHEAT AND FLOUR TO OTHER COUNTRIES.

WHEAT EXPORTS ARE UP 32% FROM A YEAR AGO.

WE EXPORT 33% OF OUR TOTAL SOYBEAN CROP.

JAPAN, SOUTH AFRICA AND VARIOUS OTHER COUNTRIES HAVE ALREADY PLACED ADVANCED ORDERS FOR 2 MILLION METRIC TONS OF WHEAT....WHICH IS 10 TIMES MORE THAN ADVANCE ORDERS FROM LAST YEAR.

OH MY GOD.....IT SIMPLY COMES DOWN TO ADVANCE ORDERING.

SO WHAT DOMINOES NEEDS TO DO..... IS PLACE AN ADVANCED ORDER FOR 2010 in the 3 million metric tons of wheat range, so that they can continue to sell large pizzas for $9.95.

AND REALLY......YESTERDAY I SWEAR ....I THOUGHT THE PRICE OF MOVIE POPCORN WAS A PROBLEM....

I'M SO STUPID AND I PROMISE NEVER TO BE TRIVIAL AGAIN......

HA HA HA HA

But seriously.....wheat and flour and corn.

America is wheat, flour and corn....along with baseball, bullshit and beer.

We are entering a new realm of awareness and when the United States will have spent $800 BILLION dollars in Iraq and Afghanistan by the end of 2008 and the majority of Americans don't seem to care because of 9/11....maybe an Egg McMuffin costing $25.00 will open up some hearts and minds.....AND IF THAT DOESN'T DO IT THEN $30.00 SIX PACKS OF BUD ......WILL!

I'm not sure what it's going to take.....$4.00 a gallon gas seems to be acceptable and $6.50 Popcorn at the movies doesn't bother anybody....but I have a feeling a $30 pizza from Dominoes will create a new paradigm in the consumer spending roll call.

But maybe not......I've been wrong before and I'll continue to be wrong in the future.

I truly don't look at things the same way as most Americans....but that's just a guess because I don't know most Americans.....just a few select high quality ones that seem to be a lot less upset than me......

....AND HONESTLY....
.....I'm not sure I'm that upset.....but there's definitely a part of me that thinks I should be.

Michael Timothy McAlevey