livingston
20×102mm Vulcan
Meanwhile, the Biden-Inflation cost of food in the United States is increasingly becoming a problem for working class Americans. Forget feeding children around the world, we are weeks away from people not being able to feed their own kids, and massive shortages in the stop-gap systems like food banks.
I’m not sure people understand yet exactly how desperate things are going to become, so let me be very specific for an audience of long-term readers who have my track record of accuracy to measure my predictions. Within the next 120 to 180 days, you are about to see butter cost $8 to 10.00/lb at your local supermarket. Bread will cost $6.00 a loaf, minimum, and other key staple item food prices, in the first two quarters of 2022, will increase 20 to 30% from where they are right now.
Maybe you don’t have kids at home, maybe you don’t pack lunches or care what the cost of a pound of bologna will be, maybe you are retired and the stove hasn’t been operated all year as you prefer to dine out…. but I can assure you, to a demonstrable certainty, that almost all middle class working Americans will be making decisions on what food products they can afford. Head lettuce at $4 to $5 each, eggs at $3/doz, milk around $6/gal, butter around $8/lb, and citrus so expensive getting an orange in your Christmas stocking will be a trend again in 2022.
The background conversations in the raw material, processing, manufacturing, wholesaling and food contract networks are enough to make you lose sleep.
[…] Tyson sent a letter to at least two regional distributors last month in which it said that prices on Ball Park, Hillshire Farm, Jimmy Dean, State Fair and all deli meats will increase by a range of 5% to 10.2% beginning Jan. 2 for “all retail customers.” … “We continue to face accelerating levels of extraordinary inflation,” Tyson said in the letter. “The sustained duration and significant impact of the inflation necessitates additional pricing action.” (link)
The traditional net terms at 30, 60 or 90 days are right now a hot topic, as producers and suppliers in the food supply chain can no longer commit to contractual prices for future goods delivered. The upstream price increases are so large the downstream suppliers will not contract on fixed prices, EVEN for the big box retailers.
We are only a few months away from seeing massive inflation that will fundamentally change the way everyone looks at food shopping, or highly consumable purchases, and what the middle class formerly considered to be “luxury” purchases. Inflation, in the background, is going to come through the supply chain like a thundershock…. and it’s not just food.
I’m not sure people understand yet exactly how desperate things are going to become, so let me be very specific for an audience of long-term readers who have my track record of accuracy to measure my predictions. Within the next 120 to 180 days, you are about to see butter cost $8 to 10.00/lb at your local supermarket. Bread will cost $6.00 a loaf, minimum, and other key staple item food prices, in the first two quarters of 2022, will increase 20 to 30% from where they are right now.
Maybe you don’t have kids at home, maybe you don’t pack lunches or care what the cost of a pound of bologna will be, maybe you are retired and the stove hasn’t been operated all year as you prefer to dine out…. but I can assure you, to a demonstrable certainty, that almost all middle class working Americans will be making decisions on what food products they can afford. Head lettuce at $4 to $5 each, eggs at $3/doz, milk around $6/gal, butter around $8/lb, and citrus so expensive getting an orange in your Christmas stocking will be a trend again in 2022.
The background conversations in the raw material, processing, manufacturing, wholesaling and food contract networks are enough to make you lose sleep.
[…] Tyson sent a letter to at least two regional distributors last month in which it said that prices on Ball Park, Hillshire Farm, Jimmy Dean, State Fair and all deli meats will increase by a range of 5% to 10.2% beginning Jan. 2 for “all retail customers.” … “We continue to face accelerating levels of extraordinary inflation,” Tyson said in the letter. “The sustained duration and significant impact of the inflation necessitates additional pricing action.” (link)
The traditional net terms at 30, 60 or 90 days are right now a hot topic, as producers and suppliers in the food supply chain can no longer commit to contractual prices for future goods delivered. The upstream price increases are so large the downstream suppliers will not contract on fixed prices, EVEN for the big box retailers.
We are only a few months away from seeing massive inflation that will fundamentally change the way everyone looks at food shopping, or highly consumable purchases, and what the middle class formerly considered to be “luxury” purchases. Inflation, in the background, is going to come through the supply chain like a thundershock…. and it’s not just food.
Charity Begins at Home - Kamala Harris Demands Global Leaders Feed the World While Biden Drives Inflation Causing Massive Food Poverty in U.S. - The Last Refuge
This article is written as both a representative disconnect of the current administration, and also as a direct warning to readers of a never before seen increase in U.S. food prices. As grandma always said: “charity begins at home.” Earlier today in Paris, France, Kamala Harris waxed as...
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