Food inflation in the U.S. breaks 42-year record… and there’s no end in sight

The Consumer Price Index (CPI) exceeded expectations, rising by 8.3 percent in April as food inflation broke a 42-year record. Everything from meat to dairy to baby products and beyond is now up about 10.8 percent on average at grocery stores. And sadly, the situation is likely to get even worse in the coming weeks and months. The following breakdown shows the percentage at which food … Continue reading Food inflation in the U.S. breaks 42-year record… and there’s no end in sight

Tucker Carlson: We May Run Out of Food Soon Thanks To Biden Policies

“A food shortage is a big deal. You don’t want one. But now we’re getting one, just a little over a year into Joe Biden’s presidency,” Carlson says. Thanks to Joe Biden’s policies and acquiescence to China, America may experience a full-blown food shortage, Fox News host Tucker Carlson explained. “The first three things that any normal nation needs and thinks about obsessively are food, … Continue reading Tucker Carlson: We May Run Out of Food Soon Thanks To Biden Policies

Visualizing The Link Between Soaring Food Prices And Political Instability

The Russian war in Ukraine has had immediate repercussions for global food markets given the countries’ role as major exporters of essential agricultural products, such as wheat, sunflower oil, barley and corn, while also affecting perishable foods like fruits and vegetables. As shown in FAO data, the price of basic food products has surged since the invasion of Ukraine after already having followed an upward … Continue reading Visualizing The Link Between Soaring Food Prices And Political Instability

Montana Wheat Prices Spike 11% in Two Weeks, as European Conflict, Drought Takes Toll

Weeks ago, the Montana Wheat & Barley Committee (MWBC) was uncertain on how the predatory Russian war against Ukraine would affect wheat and barley prices in the state. Both countries are two of the biggest exporters of these commodities, with Ukraine exporting 10-15% of the world’s grain, and the battle hadn’t really begun. At the time, MBWC Committee Vice President Cassidy Marn told KPAX that the clawback for crops … Continue reading Montana Wheat Prices Spike 11% in Two Weeks, as European Conflict, Drought Takes Toll

A Triple-Whammy For Food Prices — How to Prepare For The Worst

Russia just announced it is stopping all wheat exports for the rest of the year. China is stockpiling food — by mid-2022, they will hold 69% of the world’s corn reserves, 60% of rice reserves, and 51% of its wheat, experts say. American farmers are working hard to fill the gap — but fertilizer prices are skyrocketing. They could go up 80% this year, according … Continue reading A Triple-Whammy For Food Prices — How to Prepare For The Worst