At a time when Americans are already paying significantly more money on their grocery bills, the owner of a New York City supermarket chain has warned that food prices are going to continue to rise significantly in the near future, with increases potentially reaching as high as 10 percent in just two months. This is according … Continue reading Supermarket chain owner predicts 10% food price hike in the next 60 days
Food prices continue to rise dramatically, with no relief in sight
American households are finding it increasingly more expensive to feed their families as food prices continue to rise steeply. Inflation data released last week showed that the price of food at home climbed 1.2 percent in September, which is a significant gain in the span of just a month and three times the inflation rate that … Continue reading Food prices continue to rise dramatically, with no relief in sight
THE WORLD GOES HUNGRY: Fertilizer prices projected to reach near-record high in 2022
As if things were not already bad enough, the latest projections suggest that the fertilizer chemicals needed to grow food are set to reach near-record high prices in 2022. Farm Management Specialist Gary Schnitkey from the University of Illinois (UoI) warns that major fertilizers in Illinois, a “rust belt” farming state, have already increased by about 50 percent in … Continue reading THE WORLD GOES HUNGRY: Fertilizer prices projected to reach near-record high in 2022
Power shortages in China may cause world food and commodities prices to surge
China is looking at a difficult harvest season as a severe energy crunch hurts the outlook for production — a development that can trigger another surge in food prices. The autumn harvest in China is underway, but with power shortages in industrial hubs, authorities see slow processing growth. This is especially true in the northeastern provinces of Jilin, Liaoning … Continue reading Power shortages in China may cause world food and commodities prices to surge
Global food ecosystem under severe pressure due to staff shortages, extreme weather
The list of problems impacting food supply chains this year continues to grow, as extreme weather and worker shortages are pushing global food prices upward and leaving people hungry. Right now, the global food ecosystem is under intense pressure due to a shortage of staff. The reduction in supplies and lack of workers are threatening … Continue reading Global food ecosystem under severe pressure due to staff shortages, extreme weather
Is there any end to skyrocketing food prices?
You may have begun to notice that certain foods at the grocery store are increasing in price due to inflation. And according to some speculation, there is no end in sight to the madness. Financial terrorism combined with Wuhan coronavirus (Covid-19) lockdowns and other restrictions over the past year and a half have done a … Continue reading Is there any end to skyrocketing food prices?
Covid supply chain woes worsen as prices soar, shelves run bare
Numerous U.S.-based food distributors are “reporting difficulties in fulfilling orders as a lack of workers weighs on the supply chain,” new reports reveal. Distribution giant Sysco, one of North America’s largest wholesale food distributors, is now having to turn away customers in some areas where demand exceeds capacity, resulting in empty shelves and growing panic. Inflation … Continue reading Covid supply chain woes worsen as prices soar, shelves run bare
Grocery prices skyrocket 31 percent in one year as lockdowns, drought and money printing unleash food inflation
Food prices in July were up 31 percent from the same month in 2020, according to the United Nations Food and Agriculture Organization. This rise is fueled by supply chain disruption and extreme weather conditions. Central banks disregard food and fuel inflation when setting policies as they are the most volatile categories in the typical basket of … Continue reading Grocery prices skyrocket 31 percent in one year as lockdowns, drought and money printing unleash food inflation
Yes, prices for food are rising steady as inflation in the Biden era starts to run rampant: Here’s how we know
Americans didn’t hear much about inflation during the previous administration because prices for food and commodities weren’t out of sync with rising wages that all demographics enjoyed under President Donald Trump’s kick-butt economy. His policies were in balance. The government wasn’t spending an inordinate amount of money relative to what the economy was generating and how … Continue reading Yes, prices for food are rising steady as inflation in the Biden era starts to run rampant: Here’s how we know
Mass starvation: Biblical droughts on track to destroy U.S. crops, cattle… with unprecedented food shortages and price hikes to follow
Large swaths of the United States are still dry as a bone due to record-breaking drought conditions, and America’s crops and cattle are suffering, as reported by Strange Sounds. Almost the entire West Coast and maybe a third of the Midwest is seeing severe or worse drought conditions. This is affecting wheat, barley and alfalfa crops, as … Continue reading Mass starvation: Biblical droughts on track to destroy U.S. crops, cattle… with unprecedented food shortages and price hikes to follow
Dr. Eddy Bettermann MD 