Coffee prices soaring due to “systemic” coronavirus supply chain disruptions

Global supply chains are breaking down due to the government’s endless Wuhan coronavirus (Covid-19) restrictions, and the latest consumer commodity casualty is coffee. According to reports, a longstanding imbalance of shipping containers around the world is spiking transportation costs for coffee, which could end up spiking the cost of coffee for end consumers. Coffee processors of … Continue reading Coffee prices soaring due to “systemic” coronavirus supply chain disruptions

Meat prices rise as food inflation worsens, pushing many Americans to a tipping point of food shortages

The coronavirus pandemic has severely tested global supply chains like no other event in recent world history, resulting in large shocks to both demand and supply. And it’s only about to get worse. According to a report from Bloomberg, hog, cattle and poultry raisers are struggling amidst the highest prices of corn and soybean that they have seen … Continue reading Meat prices rise as food inflation worsens, pushing many Americans to a tipping point of food shortages

Food prices will climb in 2021 as inflation accelerates

It was supposed to be 14 days, to flatten the curve. But now, nearly a year has passed since state governments first imposed economic controls and travel restrictions on small businesses and “non-essential” people. The repercussions of lock downs, medical tyranny and perpetual spending packages continue to have a ripple effect on the current economic … Continue reading Food prices will climb in 2021 as inflation accelerates