Inflation in the United States has jumped to the highest rate since 2008 as the country rebounds strongly from the coronavirus pandemic. Unfortunately, many economists believe the current rise in inflation is not transitory because of evidence of structural changes in supply at a time when demand for all products is robust. Put simply, inflation is here to … Continue reading 5 Reasons to stockpile food now
Say goodbye to food choice and selection as droughts threaten food, water shortages and blackouts
There were problems with food supply since well before the COVID pandemic and subsequent economy-killing state lockdowns, yet those earlier issues seem to get forgotten as we see so many reports and signs that things are about to get much worse. (Article by Susan Duclos republished from AllNewsPipeline.com) Lets take a moment to remind ourselves of … Continue reading Say goodbye to food choice and selection as droughts threaten food, water shortages and blackouts
Surging food prices force restaurants to increase cost of menu items
Food prices are surging in grocery stores and restaurants, hitting small businesses very hard. “They haven’t gone up. They’ve almost doubled,” said Nick Rando, owner of an Italian restaurant in Natick, Massachusetts. Rando said that in January, red meat and steak cost him $7.35 a pound. “Last week, it was $13.20 a pound.” People in Massachusetts have … Continue reading Surging food prices force restaurants to increase cost of menu items
Meat-eaters paying the most as food inflation soars
Soaring food prices are affecting grocery shoppers all over America. Among those, the hardest hit are meat-eaters, who are bearing the brunt of the surge in prices. According to a Morning Consult survey of about 2,200 U.S. adults, one in three Americans say that they’re spending more on groceries than they were at the start of 2021. … Continue reading Meat-eaters paying the most as food inflation soars
Food prices skyrocketing on soaring agriculture futures as prices for lumber, gas and other commodities climb amid lingering pandemic
In recent months, tens of millions of Americans have noticed another fallout from the seemingly never-ending COVID-19 pandemic: Higher prices for the goods they purchase most often, including food. Now for the really bad news: Things aren’t likely to improve anytime soon and in fact are probably going to get worse. That is especially true for … Continue reading Food prices skyrocketing on soaring agriculture futures as prices for lumber, gas and other commodities climb amid lingering pandemic
Coronavirus shutdowns causing food prices to soar
A handful of the world’s most important commodities – these include corn, wheat, soybeans, and vegetable oils – are skyrocketing in price, thanks to the economic shutdowns imposed in response to the Wuhan coronavirus (Covid-19). This week’s Bloomberg Agriculture Spot Index, which tracks key farm products, shows a nine-year record surge in price for these commodities. … Continue reading Coronavirus shutdowns causing food prices to soar
Rabobank says “biblical” surge in food prices soon to come
The United States Department of Agriculture (USDA) says the United States is on track to maintain its current stocks of food based on an expectation of maximum acreage planted and healthy yields. However, Rabobank writers Michael Every and Michael Magdovitz disagree, warning that a crisis of “biblical” proportions could be on the way. Food and feed prices have increased … Continue reading Rabobank says “biblical” surge in food prices soon to come
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
Venezuela enacts strict price controls amid coronavirus pandemic, basic goods now priced higher than minimum wages
Amid a continuing rise in coronavirus cases, as well as burgeoning hyperinflation, Venezuelan President Nicolas Maduro announced the return of strict price controls on basic goods in the South American country. Maduro made the announcement, which will affect over two dozen basic commodities, during a special broadcast aired by the country’s state-run television station. “I have given precise instructions … Continue reading Venezuela enacts strict price controls amid coronavirus pandemic, basic goods now priced higher than minimum wages
Dr. Eddy Bettermann MD 