Friday 9 May 2008

Seeding the future

We're gearing up for our big move and just purchased a bunch of heirloom seeds to start food production this Summer. Unfortunately we won't be able to start until mid-July so the growing season will be a bit short this year. The sun shines about 15 hours a day through July and part of August so we should be able to grow some 60-day to maturity plants for canning and seeds. I just ordered this product which is a whole set of heirloom seeds sealed inside of plastic bags and then in a can. I'll plant the wheat to grow for seeds in preparation for a large crop next year.

Oil just broke $126 a barrel. The pundits have barely begun talking about the ramifications and Goldman-Sachs now claims oil could "spike" to $200 a barrel this Summer. The average person on the street is absolutely clueless. CNBS (i.e. CNBC) is claiming Brazil is the new place to invest because they have lots of farmland. Hate to tell ya guys that their farmland is drying out and probably won't be very productive in 5-10 years. And oil? Well $200 a barrel is going to look like the "good old days" in a couple years time.

Famland prices are also spiking in many places around the world so it looks like our timing was about perfect on our farm purchase. I suspect farmers will be the rising rich class in the coming years. That is until the food shortages get acute. Then governments (or your local warlord) will step in and take over.