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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, […]
04/19/2022
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By Mary Villareal
Meat producers react as Biden issues emergency waiver that allows selling gasoline with 15% ethanol
President Joe Biden issued an emergency waiver that allows gasoline stations nationwide to sell gasoline with 15 percent ethanol. With the record-high prices and soaring levels not seen since 1981, Biden effectively paused a federal environmental regulation that prohibits this biofuel mixture in the summer to limit smog. Biden’s action, however, could lead to higher meat […]
04/04/2022
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By Ramon Tomey
BlackRock president: INFLATION will teach VERY RUDE lessons to today’s consumers
BlackRock President Rob Kapito remarked during a recent conference in Austin, Texas that the current inflation will teach very rude lessons to this generation of “entitled” consumers. “For the first time, this generation is going to go into a store and not be able to get what they want. And we have a very entitled generation that […]
03/08/2022
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By Ethan Huff
Food prices in February were 20.7% higher than a year prior, UN agency warns
Before Russian President Vladimir Putin invaded Ukraine, world food prices had already reached a record high, says the United Nations’ (UN) Food and Agriculture Organization (FAO). The February food price index saw a 20.7 percent year-on-year increase, meaning average food costs were up by this amount in 2022 compared to 2021. Vegetable oils (i.e., soybean […]
03/02/2022
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By Arsenio Toledo
Major household goods companies raising prices on popular products due to inflation
Many of America’s major household goods manufacturers are raising the prices of their products in response to rapid inflation, disastrous economic policies and ongoing international crises. Colgate-Palmolive, known for its line of personal care products including toothpaste, recently said that it is releasing a line of $10 toothpaste. CEO Noel Wallace said in an industry conference […]
02/17/2022
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By Ethan Huff
American agriculture threatened by skyrocketing fertilizer prices stemming from fiat currency inflation
Prices for all major nutrients required for crop production have skyrocketed by more than 100 percent over the past year and a half. Between September 2020 and the end of 2021, diammonium phosphate (DAP) rose over 100 percent, monoammonium phosphate (MAP) increased 125 percent, potash rose 134 percent, liquid nitrogen increased 159 percent, and ammonia […]
02/03/2022
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By Cassie B.
Inflation is hitting low-income families the hardest, with some now spending 1/3 of their budget on food
Rising food prices are hitting families around the world hard, and the lowest-income households are now spending as much as a third of their budget on food in some places as a result of inflation. This is according to the latest data from the Office for National Statistics in the UK. They found that Brits […]
02/02/2022
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By Cassie B.
Shortages of fertilizer and computer chips could jeopardize the global economy
As Americans continue to deal with widespread grocery shortages and supply chain issues continue to impact the world, hopes for an economic turnaround this year depend largely on two major global shortages, according to Michael Snyder of The Economic Collapse. The first shortage to keep an eye on is fertilizer. The Wall Street Journal recently […]
02/01/2022
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By Roy Green
Omicron outbreaks, lockdowns continue to affect US supply chain, prices of goods
Omicron outbreaks are waning, but their impact on the U.S. supply chain remains jarring. The growing shipping congestion in major U.S. and Chinese ports, along with the shortage of truck drivers, is leaving Americans waiting for their goods for a longer time and with higher price tags. This was one of the key issues Brannon Howse tackled during […]
01/26/2022
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By Mary Villareal
Farming insider warns upcoming food shortages will be FAR WORSE than expected
A farming insider recently shared that increased costs will make it impossible for many farmers to profit from planting corn this year. This is because the costs for fertilizer, liquid nitrogen and seeds are triple to quadruple the old prices. The plan, according to the insider, would be to convert about 700 acres of corn to soybeans […]
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