20 Prepping Items That Will Skyrocket In Price This Year: You must know by now that cereal-based foods like oats, rice, wheat, and corn are in short supply globally
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We all need to get ready for the challenges ahead because the combination of trouble in financial markets, an economic downturn, and supply chain shortages are going to cause us more than just a headache in the near future.
The ongoing recession may be the beginning of something much bigger, that can change life as we know it. However, it’s also been a challenge to get by month by month. With the price of everyday essentials shooting up due to persistent inflation, surviving in today’s world can be tough, as explained Katherine Paterson.
But knowing which items will likely increase in price allow us to make more informed decisions and choose what to prioritize, and where we can save some money. Being prepared is about planning in advance, budgeting, and anticipating our future needs.
You must know by now that cereal-based foods like oats, rice, wheat, and corn are in short supply globally. The combination of extreme weather events that devastated crops in California and in many other parts of the world, including India and Pakistan, as well as the ripple effects of the Ukraine crisis, which led to sanctions on Russian exports and a collapse in production in Ukraine, have resulted in shortages of these basic staples that are so important for preppers and non-preppers.
Cereals are rich in fiber, protein, antioxidants, vitamins, and minerals, and a diet rich in cereals helps our bodies to stay in balance and our metabolism to have a better performance. They also have a long shelf life if you store them properly, so they are perfect to stockpile for the long run.
However, demand is staying strong while supplies continue to shrink, so we are already seeing some disturbing price fluctuations right now, and they are likely to intensify as inventories get smaller in the coming months. So if you’re running low, take the chance to replenish your pantry before prices go even higher, because they will remain like that for quite some time.
The global industry is facing a severe shortage of raw materials, amongst them, aluminum has been particularly hard hit by supply and demand imbalances. That is affecting many food makers, which are having to pay higher costs for aluminum cans in this tight environment.
Canned foods are very practical, easy to store, and a perfect alternative for those who are planning for the longer term. But don’t expect them to be any cheaper than they are right now. With production failing to keep pace with the needs of the industry, the cost of all canned foods and beverages is likely to increase even more than it already did last year.
Getting ready before the worst happens will allow you to be safe from all the craziness that may ensue out there, when the dominoes start to fall. We hope these list has been helpful to you, and you’re welcome to share your prepping insights in the comment section down below. Our society will certainly need all the help it can get after chaos start to take over our streets.
A day of reckoning is at the door and the collapse will be brutal. That’s why in today’s video, we listed several products that will be crucial for your survival now and later on that are about to face significant price hikes over the next few weeks and months. So take notes, be on the lookout for sales, and stock up when possible.