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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, […]
02/02/2022
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By Arsenio Toledo
Inflation and Biden economic policies forcing more Americans to turn to food banks
The inflationary crisis caused by the disastrous economic policies President Joe Biden’s administration has forced more Americans to turn to food banks and other hunger-relief organizations. The entire country is experiencing its fastest inflationary surge in nearly four decades. The prices for everyday goods, including food, have gotten more expensive – 6.3 percent more expensive […]
01/28/2022
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By JD Heyes
Global organizations predict mass starvation amid historic rises in fertilizer, farm production costs thanks to out-of-control inflation
The world has not had to deal with a massive inflation problem in decades, but the planet is currently in the throes of historic rises in prices for every commodity imaginable, thanks to some of the worst economic policies implemented in a century. Amid a global supply chain crisis that was wholly avoidable by simply […]
10/20/2021
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By Arsenio Toledo
Biden is not doing anything to resolve the supply chain crisis
President Joe Biden and the leading members of the Democratic Party are not doing anything to resolve the ongoing supply chain crisis that is gripping the nation. On Oct. 13, Biden made an announcement ordering the operators of the Port of Los Angeles and its major retailer customers to begin operating 24 hours a day, seven […]
10/14/2021
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By Arsenio Toledo
Supply chain issues, soaring food prices wreak havoc on US economy #EmptyShelvesJoe
Food prices in the United States have skyrocketed to their highest levels in a decade as compounding supply chain issues continue to wreak havoc on businesses everywhere. This is according to the United Nations’ Food and Agriculture Organization (FAO), which releases a monthly Food Price Index (FFPI) that measures “the monthly change in international prices of a basket […]
10/14/2021
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By Arsenio Toledo
Farmers hit hard as supply chain crisis causes massive shortage in machinery and parts
The pressure hitting the global supply chain has hit America’s agriculture industry hard. Farmers and ranchers all over the United States are seeing the prices of essential machinery, spare parts, packaging material, inputs and other supplies rise drastically due to mounting delays that have caused dire shortages. Kim Rominger, president and CEO of Equipment Dealers Association, a […]
09/24/2021
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By Mary Villareal
Food prices increase as fertilizer costs surge
Prices for synthetic fertilizers are at their highest levels since the beginning of the financial crisis. This means that people can expect weaker harvests and increasing grocery bills in the next year as the world’s supply chains start to recover. Due to extreme weather, plant shutdowns and government sanctions, the chemical fertilizer market is slamming already struggling […]
09/13/2021
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By Arsenio Toledo
Argentina bans beef exports in attempt to control record-high levels of food inflation
Argentina is temporarily halting its export of beef in an unorthodox move to try to contain runaway inflation in the country. Economists say this will only lead to higher levels of inflation in the long run. According to a statement released by the country’s Ministry of Productive Development, this decision was first announced when President Alberto […]
06/04/2021
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By Franz Walker
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 […]
05/25/2021
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By Divina Ramirez
Corn prices are up by over 50% in 2021 alone
Corn prices have been steadily increasing over the past year, rising more than 50 percent in 2021 alone. Corn is now worth $7.50 a bushel, its highest price tag since 2012. Corn, the biggest cash crop of the United States, has rarely been this expensive. Like most commodities, corn is feeling the recovery from the […]
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