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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, […]
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 […]
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