You have probably noticed that food prices just keep going up at the grocery store. Many people believe that this is just a temporary phenomenon, and those people would be wrong. In fact, things are really going to start going haywire when a lot of the food that is supposed to be on our store shelves in 2023 doesn’t show up. Of course the reason that food isn’t going to be there is because it isn’t being grown in 2022. This summer, food production in the United States is constantly being slammed by one disaster after another. Sadly, most Americans still don’t understand that this is going to deeply affect all of us in the months ahead.
Let me start my discussion by talking about the endless drought that is scorching crops all over the western half of the nation.
At this point, it is becoming clear that corn and soybean yields will be way down in 2022… Drought is shrinking crops from the US Farm Belt to China’s Yangtze River basin, ratcheting up fears of global hunger and weighing on the outlook for inflation. The latest warning flare comes out of the American Midwest, where some corn is so parched stalks are missing ears of grain and soybean pods are fewer and smaller than usual . The dismal report from the Pro Farmer Crop Tour has helped lift a gauge of grain prices back to the highest level since June. In one form or another, corn and soybeans are in thousands upon thousands of products that Americans consume on a daily basis. If the supply of corn and soybeans is way down, that means that prices will be way up.
Anyone that has taken ECON 101 can figure that out.
Meanwhile, the drought is also taking a devastating toll on ranchers. Many […]
We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
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