People

Sorry, no results were found.

Circles

Sorry, no results were found.

Posts

06/20/2022

Why Food Inflation Is Only Getting Started, June 17, 2022:"The US has just experienced an 8.8% increase in food prices. The problem (and there are many, actually) is that this doesn’t take into account the spiraling costs farmers are now experiencing.

It’s worth remembering that because farmers pay upfront and only recoup their expenses at the point of sale/harvest months later, all the opex they’ve experienced has a lag.

This lag is dependent on produce but certainly, we’re looking at a tsunami of food inflation 12 to 18 months out."
https://www.zerohedge.com/news/2022-06-17/why-food-inflation-only-getting-started

#Inflation #FoodInflation #Economy #Diesel #Fertilizer #Farming #Farmers #Agriculture

06/11/2022

US inflation at new 40-year high as price increases spread, June 10, 2022:"The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.

Consumer prices surged 8.6% last month from a year earlier, faster than April’s year-over-year increase of 8.3%, the Labor Department said Friday. The new inflation figure, the highest since 1981, will heighten pressure on the Federal Reserve to continue raising interest rates aggressively."
https://apnews.com/article/key-inflation-report-highest-level-in-four-decades-c0248c5b5705cd1523d3dab3771983b4

#Inflation #Economy #GasPrices #FoodInflation #FuelCosts #Consumers #FederalReserve

WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.6% last month from a year earlier, faster than April’s year-over-year increase of 8.3%, the Labor Department said Friday .

apnews.com

05/30/2022

California Farm Water Coalition Warns Domestic Food Supply In Peril with State Cutting Water, By Katy Grimes, May 25, 2022:"“California farms produce over half of the country’s fruits, nuts, and vegetables. California foods aren’t just in the produce aisle, but also in the ready-made foods and ingredients we eat every single day. That can’t happen without water and we cannot simply move California production to other states. A safe, affordable, domestic food supply is a national security issue, just like energy. The government must make it a priority,” the CFWC said."
https://www.zerohedge.com/news/2022-05-25/california-water-idiocracy-targets-nations-food-supply

#CaliforniaProduce #ProduceAisle #Foodsupply #FoodCosts #FoodInflation #RisingFoodCosts #CaliforniaFarms #WaterRationing

Videos

Sorry, no results were found.

People

Sorry, no results were found.

Circles

Sorry, no results were found.

Videos

Sorry, no results were found.

Posts

06/20/2022

Why Food Inflation Is Only Getting Started, June 17, 2022:"The US has just experienced an 8.8% increase in food prices. The problem (and there are many, actually) is that this doesn’t take into account the spiraling costs farmers are now experiencing.

It’s worth remembering that because farmers pay upfront and only recoup their expenses at the point of sale/harvest months later, all the opex they’ve experienced has a lag.

This lag is dependent on produce but certainly, we’re looking at a tsunami of food inflation 12 to 18 months out."
https://www.zerohedge.com/news/2022-06-17/why-food-inflation-only-getting-started

#Inflation #FoodInflation #Economy #Diesel #Fertilizer #Farming #Farmers #Agriculture

06/11/2022

US inflation at new 40-year high as price increases spread, June 10, 2022:"The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.

Consumer prices surged 8.6% last month from a year earlier, faster than April’s year-over-year increase of 8.3%, the Labor Department said Friday. The new inflation figure, the highest since 1981, will heighten pressure on the Federal Reserve to continue raising interest rates aggressively."
https://apnews.com/article/key-inflation-report-highest-level-in-four-decades-c0248c5b5705cd1523d3dab3771983b4

#Inflation #Economy #GasPrices #FoodInflation #FuelCosts #Consumers #FederalReserve

WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.6% last month from a year earlier, faster than April’s year-over-year increase of 8.3%, the Labor Department said Friday .

apnews.com

05/30/2022

California Farm Water Coalition Warns Domestic Food Supply In Peril with State Cutting Water, By Katy Grimes, May 25, 2022:"“California farms produce over half of the country’s fruits, nuts, and vegetables. California foods aren’t just in the produce aisle, but also in the ready-made foods and ingredients we eat every single day. That can’t happen without water and we cannot simply move California production to other states. A safe, affordable, domestic food supply is a national security issue, just like energy. The government must make it a priority,” the CFWC said."
https://www.zerohedge.com/news/2022-05-25/california-water-idiocracy-targets-nations-food-supply

#CaliforniaProduce #ProduceAisle #Foodsupply #FoodCosts #FoodInflation #RisingFoodCosts #CaliforniaFarms #WaterRationing

05/30/2022

Bank of England warns of 'apocalyptic' global food shortage, May 16, 2022:"The Governor of the Bank of England has warned of “apocalyptic” global food price rises and said he is "helpless" in the face of surging inflation as the economy is battered by the war in Ukraine.



Andrew Bailey said he has “run out of horsemen” when counting the shocks facing Britain, with runaway energy and food costs driven by global market forces beyond his control.



Prices are rising at the fastest rate in 30 years, creating a "very big income shock" that is expected to intensify in coming months with a risk of double-digit inflation before the end of the year."

https://www.telegraph.co.uk/business/2022/05/16/bank-england-warns-apocalyptic-global-food-shortage/



#Inflation #FoodInflation #GreatBritain #PriceInflation #FoodShortage #Economy

Governor Andrew Bailey says he is 'helpless' in face of surging inflation

www.telegraph.co.uk

05/30/2022

Egg Prices Surge in US Inflation Data as Bird Flu Wipes Out Hens, May 11th, 2022:"Egg prices are skyrocketing in new US inflation data, pushed up by a deadly bird flu that’s killed almost 10% of the country’s hens, adding to already rising food costs.



A dozen eggs at grocery stores cost 23% more in April than in March, at $2.52. That’s the biggest increase among consumer products tracked by the US Bureau of Labor Statistics, in a report released Wednesday."

https://www.bloomberg.com/news/articles/2022-05-11/egg-prices-surge-in-us-inflation-data-as-bird-flu-wipes-out-hens



#Groceries #FoodInflation #Eggs #BirdFlu #NurseUp #Inflation