Supermarkets all over the country are stocking up on many of their food items in anticipation of a surge in food prices. Many supermarket executives are warning that the upcoming inflation might lead to some of the highest price increases in recent memory.
Article by Arsenio Toledo from Natural News.
Many supermarkets are purchasing additional supplies to keep up with stronger demand. Grocery sales in the United States for the week that ended on June 19 rose by 15 percent compared to two years ago and 0.5 percent from one year ago.
Other supermarkets are keeping additional food supplies in storage, driving shortages of some staples. Many executives in the grocery industry have criticized this practice, saying that it is increasing the challenges felt by the American food supply chain.
The country’s supply chain is already under pressure from increased transportation and labor costs and ingredient constraints. Retailers have countered that their actions are necessary to keep costs down for consumers and protect their profit margins.
“We’re buying a lot of everything,” said David Smith, chief executive officer of Associated Wholesale Grocers, one of the nation’s largest wholesalers. “Our inventories are up significantly over the same period last year.”
Associated Wholesale Grocers purchased up to 15 to 20 percent more inventory for its more than 3,000 grocery stores. Most of the goods they purchased are packaged foods with longer shelf lives.
The higher stock of food items helps Associated Wholesale Grocers fight off shortages of items and the rise in costs associated with it. Some supermarkets have been forced to raise food prices. Many others are keeping their prices relatively the same to better compete against groceries that offer discounted or low prices.
“When you have a unique inflationary period like now, it’s a feeding frenzy,” said Tony Sarsam, chief executive officer of the Michigan-based retail and food distribution company SpartanNash. His company is stockpiling up to 20 to 25 percent more of certain items like frozen meat and boxed foods. Sarsam explained the company started doing this after more than 100 of his suppliers said they are raising their prices.
Food prices may not ease until next year
Food prices have been rising all year, affecting the costs of everything from meats to coffee and vegetables. This could push many consumers to hunger. Furthermore, the threat of even faster inflation could prompt banks to tighten stimulus measures for economies still recovering from the Wuhan coronavirus (COVID-19) pandemic.
Consumers are in for a rough latter half of 2021, as both the Organization for Economic Cooperation and Development (OECD) and the United Nations said they may not start feeling respite from surging food prices until next year.
Global food prices have jumped to a nine-year high, spurred on by huge demand for food in China, concerns regarding freak weather patterns and consumer budgets squeezed by coronavirus lockdowns. (Related: Food prices skyrocketing on soaring agriculture futures as prices for lumber, gas and other commodities climb amid lingering pandemic.)
But both the OECD and the UN said in a report that inflation-adjusted prices may start easing next year and become relatively flat by 2030. This is because demand growth for items for fish and grains slows and the number of farming supplies rises.
“The fundamentals don’t say to us that we’re moving to a super-cycle of commodity prices,” said Maximo Torero, chief economist of the Food and Agriculture Organization of the UN. “Demand growth is going to decrease.”
The OECD and the UN added that many farmers will begin returning to work in the coming months as countries exit lockdowns and travel restrictions start easing up. This will help alleviate the labor shortages many industries are experiencing. This in turn will boost farm output, increase the supply of food products and slow down inflation.
In the longer term, the OECD and the UN predict that emerging economies and low-income nations will drive food output as these countries invest in infrastructure and research and more efficient allocations of resources.
Learn more about the food supply situation in the United States by reading the latest articles at FoodSupply.news.
New Conservative Network Seeks Crowdfunding Help
They say we have to go big or go home. We’re trying to go big and bring the patriotic truth the the nation, but we need help.
Readers may or may not realize that over the past year, we’ve been bringing more conservative news and opinion outlets under our wing. Don’t take our expansion as a sign of riches; all of the “acquisitions” have been through sweat and promises of greater things to come for all involved. As a result, we’ve been able to bring together several independent media sites under a unified vision of preventing America from succumbing to the progressive, “woke,” Neo-Marxist ideologies that are spreading like wildfire across America.
The slow and steady reopening of America is revealing there was a lot more economic hardship brought about from the Covd-19 lockdowns than most realize. While we continue to hope advertising dollars on the sites go up, it’s simply not enough to do things the right way. We are currently experiencing a gap between revenue and expenses that cannot be overcome by click-ads and MyPillow promos alone (promo code “NOQ” by the way).
To overcome our revenue gap and keep these sites running, our needs fluctuate between $3000-$7000 per month. In other words, we’re in the red and hemorrhaging.
The best way you can help us grow and continue to bring the truth to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal as well.
As the world spirals towards radical progressivism, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going.
Thank you and God Bless,
Too Few Are Telling the Truth
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), and Instagram profile (never made one), or a TikTok (no thanks, CCO). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would break away. Today, only a handful of other major conservative news outlets have broken away from the Big Tech teat. Of course, we need help.
The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
Our network is currently comprised of nine sites:
- NOQ Report
- Conservative Playlist
- Truth. Based. Media.
- Freedom First Network
- Based Underground
- Uncanceled News
- American Conservative Movement
- Conservative Playbook
- Our Gold Guy
We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Also, we could use contributions of content. If you write or want to start writing and you share our patriotic, conservative, America First ideology, contact us. The contact form on this and all pages on the site goes directly to me.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
While donations are the best way to help, you can also support us by buying through our sponsors:
- MyPillow: Use promo code “NOQ” to get up to 66% off AND you’ll be helping a patriotic, America First company.
- Freedom Phone: Use promo code “MAGA” and get $50 off AND you’ll be helping a patriotic, America First company.
- OurGoldGuy: Tell them we sent you in your request to buy gold and it will help us… AND (wait for it) you’ll be helping a patriotic, America First company.
We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
Thank you and God Bless,