Keyword: foodprices
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During an interview on Tuesday for Wednesday’s BET News interview special “Black America Votes: The Biden Interview,” President Joe Biden said that his economic policies haven’t resonated with people “because the Republican Party and the MAGA Republicans have been opposed to it, and they’ve been beating up on it.” And because “it’s just taking time for people to see it. And the other thing is, there’s not been a very good job done about saying, this new billion-dollar bridge going over there is brought to you by Joe Biden.” But some of his policy agenda has “resonated for those who...
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It's crazy to think how much better we had it just five short years ago. You could get a $1.29 McChicken, a $1.69 5-layer burrito from Taco Bell, 8 nuggets at Chick-fil-A for $3.05. We had it made! Since 2019, however, those prices have essentially doubled, and that's not only outrageous, it's depressing. Let's check on the numbers, shall we? So here's what inflation looked like overall during that period: According to the Bureau of Labor Statistics' inflation calculator, prices in general went up by around 21.5% between December 2019 (prior to the onset of the COVID-19 pandemic and economic...
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Just in time for Easter too.In 2023, egg prices hit an all-time high, topping out at about $7 per dozen in some parts of the country. That number was reached thanks to a perfect storm of inflation and a severe bird flu epidemic. Fortunately, by mid-summer, prices had returned to somewhat normal rates. But, according to new reports, we may be headed for yet another expensive egg season, just in time for Easter. According to Nerdwallet, egg prices are once again on the rise due to another outbreak of bird flu and inclement weather. The Centers for Disease Control and...
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President Joe Biden falsely claimed food prices are coming down after Tuesday’s inflation report revealed prices at the grocery store actually increased in January. Delivering a Tuesday afternoon keynote address at the National Association of Counties, Biden falsely claimed inflation, including food prices, is coming down. “Today’s report on inflation shows the good is that inflation in America is continuing to come down,” Biden claimed. “Food prices at the grocery store are coming down.”
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While shopping at our local food grocer, wagons noticed that the egg price has jumped nearly $2 per dozen. Understand that we had a supply chain interruption with the recent storm, but I'm wondering is anyone else noticing this in there.?
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Although the establishment media claimed that inflation fell in August, American households did not get any relief in the grocery store aisles. The price of food at home jumped 0.7 percent compared with the previous month. Over the past 12 months, grocery prices have gone up 13.5 percent. ome of the biggest increases in food include: Ham up 2.5 percent from July and 9.2 percent compared with a year ago. Frankfurters (hot dogs) up 5.3 percent from July and 18.3 percent compared with a year ago. Eggs up 2.9 percent from July and 39.8 percent compared with a year ago....
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The goal is to add 4 million acres of farmland to the Conservation Reserve Program, which takes land out of production to blunt agriculture’s environmental impact.The Biden administration announced on Wednesday that it would expand a program that pays farmers to leave land fallow, part of a broader, government-wide effort to cut greenhouse gas emissions in half by 2030. The new initiative will incentivize farmers to take land out of production by raising rental rates and incentive payments. The Conservation Reserve Program (CRP) was created in 1985 to incentivize landowners to leave some of their marginal land unplanted, a plan...
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John Catsimatidis argued that crude oil prices would drop by half if Biden turned to North American oil vs Saudi Arabia... New York City billionaire and oil refiner John Catsimatidis said President Biden should "open up the spigots" as Americans feel the wrath of soaring costs at the pump and in the food store. Reacting to the national average price of a gallon of gas reaching a new all-time high of $4.86, Catsimatidis told FOX Business' Dagen McDowell that "it will get worse" and lamented that neither the exacerbation nor an economic recession has to happen, but leaders refuse to...
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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 for his nemesis on the world scene, Russia’s Vladimir Putin to respond.Speaking in a TV interview on Friday evening, following a meeting with African leaders in Sochi, Putin accused Western leaders of trying “to shift the responsibility for what is happening in the world food market” and said that “restrictions imposed by the US and its allies...
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In early March, Tucker Carlson invited Iowa Corn and soybean farmer Ben Riensche on his top-rated program to discuss the massive inflation we are about to see in food prices here at home. According to Rienshe, grocery prices may increase up to $1,000 per month due to Russia’s sanctions on fertilizer. ... “It’s embarrassing how little most people know about fertilizer, what it means, tell us the implications of this sanction?” Carlson asked. .... Soaring fertilizer prices are likely to spike food prices,” Riensche said. “If you’re upset that gas is up a dollar or two a gallon, wait until...
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Newsdump Alert: No Confidence Motion Against Pakistan Prime Minister Imran Khan... UN Food Agency Report Reveals Dramatic Rise In Food Prices on Biden's Watch... People are not free in connection with COVID-19 some have been banned by social media either by social media companies or by the government like Brian Tamaki in New Zealand... He's locked down churches with padlocks and even fencing during COVID Premier Jason Kenney, the "Conservative" in Alberta let's do a Jason Kenney Update... My vaccine views are "in the middle" I see these quickly developed products rushed to the public over fears about COVID and...
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ROME -- Prices for food commodities like grains and vegetable oils reached their highest levels ever last month largely because of Russia's war in Ukraine and the “massive supply disruptions” it is causing, threatening millions of people in Africa, the Middle East and elsewhere with hunger and malnourishment, the United Nations said Friday.The U.N. Food and Agriculture Organization said its Food Price Index, which tracks monthly changes in international prices for a basket of commodities, averaged 159.3 points last month, up 12.6% from February. As it is, the February index was the highest level since its inception in 1990.FAO said...
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As inflation wholesale prices soar past 10 percent and gas prices continue to surge, economists and farmers across the country are warning about another looming crisis. Farmers are seeing a fertilizer shortage. Combined with high water and fuel prices, costs are set to soar as food becomes less available. Convo with farm today:- Meat processors booked out a year because stockpiling beef.- Farmers in South can’t get fertilizer for crops now.- Farmers in Midwest are switching, can’t get nitrogen nor fertilizer.Buckle up, folks! The media isn’t even warning you. #economy— Douglas Karr (@douglaskarr) March 11, 2022This is from a friend...
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“Soaring fertilizer prices are likely to spike food prices,” Riensche told host Tucker Carlson. “If you’re upset that gas is up a dollar or two a gallon, wait until your grocery bill is up $1000 a month. And it may not manifest itself in terms of price, it could be quantity as well. Empty shelf syndrome may just be starting.” “I’m sorry, I just wanted to make sure I heard you correctly. Up $1000 a month?” an incredulous Carlson asked. “Sure,” Riensche replied. “The price of growing my crops, or the major crops, corn, soybeans, wheat, rice, cotton are up...
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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. Budgets are tight, triggering a ‘winter of discontent’ if widespread inflation doesn’t diminish. “In some ways, the worst is still to come – because although food price inflation in Tesco last quarter was only 1%, we are impacted by rising energy prices. Our suppliers are impacted by rising energy prices. We’re doing all we...
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Stock of Tyson Foods, the world’s second largest processor and marketer of chicken, beef, and pork after Brazil’s JBS S.A., is soaring 9%, hitting an all time high and is one of the S&P’s best companies this morning…… after the company reported blowout earnings (thanks to passing on surging food prices) and announced that it is raising prices even more as it grapples with a tight labor market and smaller livestock herds. According to the report, beef prices jumped by 32% in the quarter, with chicken up ~20% and pork 13%.This helped Tyson’s operating margin grow to 11.3%, up from...
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Skyrocketing gas prices are sparking major concerns in the UK, with households bracing for higher bills and food prices. The energy crisis has already hit millions of Brits, but is set to hit more still. The UK is highly dependent on consumer spending to generate output, indicating the economy could still be in the mire heading into the spring. A wave of concern over the swelling cost of living is sweeping across Britain. While households are bracing for higher tax bills and are already being stung by food prices leaping, it is swelling energy costs that will hit hardest in...
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Food prices climbed 4.5% last month, the sixth consecutive month of increases, according to the Consumer Price Index for Food. The increase was led by the meat sector, with the “meat” basket of goods up 12.6% from a year ago while the poultry index was 6.1% higher. The September data, generated by the U.S. Bureau of Labor Statistics, follows a 3% gain in August and 2.6% gain in July. The surge marks the fastest level of growth since March 2009. The rapid increase in food prices has many meat industry analysts worried about the impact on beef demand. The Livestock...
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The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months. John Catsimatidis, the billionaire supermarket owner of Gristedes and D’Agostino Foods, warned that food giants such as Nabisco, PepsiCo, and Coca-Cola will prioritize raising prices on products. “I see over 10 percent [price increase] in the next 60 days,” he said in an interview with Fox Business on Monday, adding that the trend will not drop “anytime soon.” Catsimatidis cited rising inflation and supply chain bottlenecks that are currently plaguing...
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The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months. John Catsimatidis, the billionaire supermarket owner of Gristedes and D’Agostino Foods, warned that food giants such as Nabisco, PepsiCo, and Coca-Cola will prioritize raising prices on products. “I see over 10 percent [price increase] in the next 60 days,” he said in an interview with Fox Business on Monday, adding that the trend will not drop “anytime soon.” Catsimatidis cited rising inflation and supply chain bottlenecks that are currently plaguing...
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