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food inflation
05/06/2022
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By Arsenio Toledo
Meat prices will continue to rise for next two quarters, warns US meatpacker
National Beef, one of America’s largest meatpackers, has warned that the price of beef will continue rising at least for the next two quarters. The Kansas City-based beef processing company, whose parent is Brazilian food processing giant Marfrig, noted that it is expecting stable margins for the next two quarters. This suggests that their operating costs, […]
04/20/2022
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By Ethan Huff
As grain prices reach historic highs, China is stockpiling food supplies from around the world
Communist China just made its largest purchase of U.S. corn since May of 2021 as grain prices reach record highs. The U.S. Department of Agriculture (USDA) confirmed the flash sale, which amounted to 1.010 million metric tons of corn purchased by the Chinese Communist Party (CCP) as it attempts to get ahead of the stockpiling […]
01/27/2022
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By Mary Villareal
Farmers around the globe now feeling the pinch of higher fertilizer prices and more
The high fertilizer costs are now weighing on farmers in the developing world, with many forced to cut back on production. This could signal global food prices to go even higher this year after hitting decade-highs in 2021. The problem lies in global energy costs, which have now flowed through into fertilizer prices. Moreover, fertilizer […]
11/11/2021
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By JD Heyes
Elitists at MSNBC claim that Biden’s rampant inflation is actually a good thing, though it is hitting America’s poor the hardest
On Wednesday, the Biden Labor Department did not do the regime any favors when the Bureau of Labor Statistics released the latest economic figures. To say that Americans are simply experiencing a period of mild inflation that is “transitory” is not simply an understatement, it is flat-out wrong. According to the Consumer Price Index released by the […]
10/25/2021
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By Cassie B.
Consumer prices hit 13-year-high in U.S. as inflation worsens
The latest data from the Bureau of Labor statistics shows that consumer prices climbed higher than expected last month while energy and food costs surged. The annual inflation rate hit a 13-year-high last month of 5.4 percent, which exceeds the median estimate of 5.3 percent. Meanwhile, the consumer price index rose by 0.4 percent on […]
10/22/2021
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By Arsenio Toledo
Food inflation in the US about to reach a tipping point
Food inflation in the United States is reaching a tipping point. If the prices of food in groceries go up any further, industry executives warn that consumer spending habits may change. Throughout the year, American consumers have accepted the growing costs of basic food items at supermarkets and groceries. But companies that make many of the […]
10/22/2021
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By Arsenio Toledo
China places additional restrictions on fertilizer exports to safeguard own fertilizer stocks as supplies dwindle
The communist authorities controlling China have imposed new restrictions on exporting fertilizers. Such a move is expected to have a disastrous effect on the ongoing surge in the prices of fertilizers and food. Fertilizer prices are being spurred on by ongoing energy crises in Europe, China and elsewhere. The cost increase comes just as global […]
10/19/2021
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By Arsenio Toledo
Meat prices surge by 10.5% as supply chain issues hit meat industry hard
Food prices have been on the rise in recent months due to the supply chain crisis currently gripping the United States. This has affected meat goods the most, with the latest consumer price index showing meat prices have risen by 10.5 percent since last year. This is according to the latest data from the Bureau of […]
10/14/2021
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By Mary Villareal
Global food prices hit highest levels in a decade
Worldwide food prices have reached their highest levels. According to the United Nations Food and Agriculture Organization (FAO), the food price index reached a 10-year high last month, reflecting the increased prices around the globe. The FAO’s food price index reached 130 points in September. This level has not been seen since 2011, and it represents […]
10/13/2021
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By Cassie B.
Soaring fertilizer prices expected to make food inflation even worse
Fertilizer prices are hitting record highs in North America, which will likely cause food inflation to rise even higher. The Green Markets North America Fertilizer Price Index hit $996.32 per short ton last week, which is a record high. It soared well past its 2008 peak, setting a new benchmark for the nearly 20-year-old index. […]
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