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Expect Another Surge in Food Prices Fueled by Dynamic Pricing
Expect Another Surge in Food Prices Fueled by Dynamic Pricing Restaurants are moving towards dynamic menu prices. Expect big surcharges for peak times. Don’t expect off peak prices to drop much. Labor costs are rising too. CPI food indexes prices, data from the BLS, chart by Mish Surge Pricing Is Coming to You Restaurants are […]
Soaring Food Prices Prompt Eurasian Nations To Ban Food Exports
Soaring Food Prices Prompt Eurasian Nations To Ban Food Exports The harshest winter since 2008 is contributing to shortages of staple vegetables across Central Asia and sending prices north in a region still suffering from COVID-induced food inflation. In Uzbekistan, record frosts have highlighted the shortcomings of the national energy system as even residents of the capital […]
More Than Half of Canadians Worried About Putting Food on the Table: Poll
A woman shops for produce in a grocery store in Toronto, Canada, in a file photo. (Nathan Denette/The Canadian Press) More Than Half of Canadians Worried About Putting Food on the Table: Poll A new poll suggests that more than half of Canadians surveyed are worried about having enough money to put food on the […]
UK Food Inflation Hits Record High As Discretionary Income Evaporates Ahead Of Dark Winter
UK Food Inflation Hits Record High As Discretionary Income Evaporates Ahead Of Dark Winter Brits have watched double-digit inflation wipe out any wage gains in one of the worst cost-of-living crises in a generation. Many have gone into debt, paying for things such as food, energy, and shelter. Others have been left with little or […]
Orange Juice Prices Soar To Record Highs As Inventories Collapse
Orange Juice Prices Soar To Record Highs As Inventories Collapse We recently outlined “Orange Juice Prices Could “Increase Substantially” As Hurricane Pummels Florida’s Top Citrus Grow Region.” And that’s precisely what’s happening today. First, let’s begin with US stockpiles of cold-stored orange juice plunged by 43% in September from a year earlier — the lowest level since […]
Putin Says US Decision To Print Money Is Behind Soaring Food Prices
Putin Says US Decision To Print Money Is Behind Soaring Food Prices Earlier, we reported on the deranged, confused, false ramblings of a senile old man who is so out of his depth in running the world’s biggest economy, the catastrophic results will soon be obvious to even his most die-hard fans. Now, it’s time […]
Let Them Eat Bugs… How Out of Touch Elites Reveal Their Contempt and What Comes Next
Let Them Eat Bugs… How Out of Touch Elites Reveal Their Contempt and What Comes Next Upon being told that the people had no bread, Marie Antoinette reportedly responded, “let them eat cake.” These infamous words were a stark illustration of the French elite’s careless indifference to the plight of ordinary people. Moreover, they likely […]
India isn’t the only one banning food exports. These countries are doing the same
India isn’t the only one banning food exports. These countries are doing the same The war has triggered a huge spike in wheat prices, with Russia and Ukraine among the biggest exporters of the commodity. Many countries have banned wheat, as well as other food exports as a result of the Ukraine crisis. “As the […]
Ukraine war: World Bank warns of ‘human catastrophe’ food crisis
Ukraine war: World Bank warns of ‘human catastrophe’ food crisis IMAGE SOURCE,GETTY IMAGES The world faces a “human catastrophe” from a food crisis arising from Russia’s invasion of Ukraine, World Bank president David Malpass has said. He told the BBC that record rises in food prices would push hundreds of millions people into poverty and […]
German Retailers To Increase Food Prices By 20-50% On Monday
German Retailers To Increase Food Prices By 20-50% On Monday Just days after Germany reported the highest inflation in generation (with February headline CPI soaring at a 7.6% annual pace and blowing away all expectations), giving locals a distinctly unpleasant deja vu feeling even before the Russian invasion of Ukraine broke what few supply chains remained and […]
How Russia’s invasion of Ukraine is tearing apart the global food system
How Russia’s invasion of Ukraine is tearing apart the global food system The UN Food and Agriculture Organisation is warning that countries such as Yemen risk a spike in food prices and food insecurity because of the Russian invasion of Ukraine. PHOTO: EPA-EFE LONDON (BLOOMBERG) – The global food system is under threat as Russia’s invasion […]
Largest UK Supermarket Warns “Worst Has Yet To Come” Amid Food Inflation Crisis
Largest UK Supermarket Warns “Worst Has Yet To Come” Amid Food Inflation Crisis Britain’s largest supermarket chain warned “the worst is yet to come” on food inflation as the cost-of-living crisis pulverizes the working poor. John Allan, chairman of Tesco Plc, told the BBC’s Sunday Morning Live that low-income households have difficulty choosing between food and heat this winter. […]
Labor Shortage And Surging Shipping Costs Are Biggest Drivers Of US Food Inflation
Labor Shortage And Surging Shipping Costs Are Biggest Drivers Of US Food Inflation Setting aside the ever-present issue of the global supply chain crunch presently gestating in the PROC, where factories and ports are struggling with the most restrictive lockdown measures since the (Fauci-funded) “China virus” first burst forth out of Wuhan, the US is still facing […]
Food Inflation Is the 2022 Crisis, Not Supply Chains
Food Inflation Is the 2022 Crisis, Not Supply Chains The real trouble will start when this year’s energy crisis morphs into next year’s food inflation problem. We’ve all become armchair inflation experts. And why not? It’s almost impossible for anyone to keep getting it as systematically incorrect as professional economists have done this year. It’s time for the […]
Fertilizer Prices Hit Record Highs, May Pressure Food Inflation Even Higher
Fertilizer Prices Hit Record Highs, May Pressure Food Inflation Even Higher Fertilizer prices have risen to a record high in North America, threatening to boost food inflation even higher. Nitrogen products are increasing due to the cost of natural gas, which is used in the manufacturing process. The Green Markets North America Fertilizer Price Index […]
