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Home Economy
Supermarkets Stocking up on Food in Anticipation of Supply Chain Disruptions, Price Inflation

Supermarkets Stocking up on Food in Anticipation of Supply Chain Disruptions, Price Inflation

by Natural News
July 8, 2021
in Economy, End Times

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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.

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“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.

Calories = Survival. Buy 364,720 Calories of delicious food today. Heck, buy two.

Learn more about the food supply situation in the United States by reading the latest articles at FoodSupply.news.

Sources include:

  • WSJ.com
  • BusinessInsider.com
  • Bloomberg.com


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,
JD Rucker

When preparing for societal collapse, don’t forget the water!

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We Often Feel Like David Taking on Giants

Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.

Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.

We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our brand new GiveSendGo page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.

Thank you, and God Bless!

JD Rucker


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