Food Prices Rise To Dangerous Levels As “A Second Wave Of Layoffs” Hits The U.S. Economy

You may have noticed that food prices have started to go up very aggressively.  I repeatedly warned my readers that this is precisely what would happen, and more price increases are on the way.  Fear of COVID-19 has sparked a tremendous amount of extra demand as Americans have feverishly stocked up their pantries, and at the same time the virus has made it very difficult for the major food companies to keep up.  Over the past several months we have seen a large number of food production facilities close down temporarily, food supply chains have been thrown into a state of chaos, and grocery stores have found it increasingly difficult to keep their shelves full.  Many years ago I remember sitting in an Econ 101 class as a very young college student, and one of the things that I learned was that prices are going to rise when supply goes down and demand goes up.  So it was inevitable that grocery store prices would become more painful, and the latest numbers that have been released by the BEA are definitely quite alarming

According to data released last week by the Bureau of Economic Analysis, almost all kinds of food have seen an increase in its price since February. Beef and veal prices are up a staggering 20.2% since before the pandemic, while other staples like eggs (10.4%), poultry (8.6%) and pork (8.5%) have also seen significant increases.

If prices keep going up like this, a lot of American families are going to have to start cutting beef out of their diets simply because they cannot afford it anymore.

And of course these price increases are coming at a really bad time, because we are in the midst of a historic economic downturn.  When an Oregon woman named Bella Flores recently took her monthly trip to the grocery store, she was shocked by how much prices have gone up

Medford resident Bella Flores says she felt the shock when she recently went to the store to pick up her monthly items.

“It kept going up, $50 and then $69, I’m like oh crap man it’s a lot,” she said.

Actually, if I could get out of the grocery store with a bill of only 69 dollars I would be jumping for joy.

These days, it seems like you can’t even get a full cart of groceries for under 200 dollars where I live.

Sadly, more price increases are on the way.  Demand is going to remain high, and many food companies will continue to operate at reduced levels.  For example, just consider what the CEO of Tyson Foods recently had to say

During a recent call with analysts discussing third-quarter financial results, Tyson (TSN) CEO Noel White said that some of the company’s facilities “continue to operate at decreased production levels.”

With food prices already at such elevated levels, the Federal Reserve has decided that now is a perfect time to jack up inflation even more.  The following comes from a CNBC article entitled “The Fed is expected to make a major commitment to ramping up inflation soon”

In the next few months, the Federal Reserve will be solidifying a policy outline that would commit it to low rates for years as it pursues an agenda of higher inflation and a return to the full employment picture that vanished as the coronavirus pandemic hit.

Recent statements from Fed officials and analysis from market veterans and economists point to a move to “average inflation” targeting in which inflation above the central bank’s usual 2% target would be tolerated and even desired.

Isn’t that wonderful?

You can almost always count on the Federal Reserve to do the wrong thing.

Meanwhile, Fox Business is reporting that a “second wave of layoffs” has now hit the economy…

A second wave of layoffs is hitting American workers during a surge in coronavirus cases nationwide, and a Congressional stalemate over stimulus relief, according to a new survey by Cornell University and RIWI.

The researchers conducted the survey between July 23 and Aug. 1, and found that 31% of workers who had been placed back on payrolls after initially being laid off have now been laid off for a second time. Additionally, 26% of rehired workers say they’ve been told that they may be laid off again.

Those numbers are absolutely staggering.

We already knew that millions upon millions of the jobs that were originally lost are never coming back, and now we are learning that millions of the jobs that were actually regained are being lost again.

So what this means is that at the exact same time that food prices are skyrocketing, countless Americans find themselves out of work and no longer have paychecks coming in.

What a nightmare.

And this may help to explain why the U.S. Census Bureau is finding that so many Americans are missing meals right now

This week the US Census Bureau published results of a survey in which nearly 30 million out of 249 million respondents said they did not have enough to eat at some point in the week before July 21. It was the highest number of people reporting insufficient food since the Census started tracking that information in early May.

During the first half of this year we witnessed lines at food banks that were up to two miles long, and we are likely to see similar scenes throughout the rest of 2020.

But the good news is that the U.S. is still in better shape than much of the rest of the world.  As I have detailed previously, giant armies of locusts have been devastating crops in Africa, the Middle East and Asia, and now it is being reported that they have decided to invade Russia…

Locust swarms have invaded Russia’s southern regions causing colossal damage to the local agriculture.

According to regional authorities, the damage is estimated at over 13 million US dollars.

A state of emergency has been declared in seven parts of the republic of Kalmykia, according to the Emergency Ministry.

Meanwhile, “nearly one-third of China has been impacted by severe flooding”, and that is having a dramatic affect on crop production over there.

Even during the best of times, we struggle to feed everyone on the entire planet, and here in 2020 global food production has been hit by a whole host of major problems.

I fully expect that global food supplies will increasingly become tighter, and that has very serious implications for the years ahead of us.

Yes, food prices are already very high, but now is the time to stock up because they are only going to go higher.

Unfortunately, there are millions upon millions of Americans that can’t afford to stock up because they have already lost their jobs and no longer have any income coming in.

***It is finally here! Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.com.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  By purchasing the book you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

We Are Being Told To Prepare “To See High Prices At Grocery Stores” And “It’s Likely That Shortages May Only Get Worse”

If you have been to a grocery store lately, then you already know that prices are higher than usual and that there are shortages of certain items.  Many Americans have been assuming that as COVID-19 restrictions are slowly rolled back that these shortages will eventually disappear, but now even the Washington Post is admitting that “shortages may get worse” in the weeks and months ahead.  Of course there will still be plenty of food available in the grocery stores, but you may have to do without some of your favorite products for a while.  And you should also brace yourself for significantly higher prices for many of the products that do remain available.  As WBTV has noted, this will especially be true for basic meat staples such as ground beef and chicken…

Americans looking to get outside this holiday weekend, maybe fire up the grill, should be prepared to see high prices at grocery stores, especially cookout staples like ground beef and chicken.

The meat at the store is a little bit more expensive because of plants that are shutting down and causing a logjam in the food supply chain.

All over the country, COVID-19 is playing havoc with food distribution systems, and nobody has been hit harder than meat processing facilities.  The virus has spread like wildfire in such facilities, and this has resulted in many of them being forced to shut down for an extended period of time.

With less supply and roughly the same level of demand, meat prices have escalated quite a bit in recent weeks.  In fact, in April we witnessed the largest spike in food prices in 46 years

Prices Americans paid for eggs, meat, cereal and milk shot higher in April as people flocked to grocery stores to stock up on food amid government lockdowns designed to slow the spread of Covid-19.

The Labor Department reported Tuesday that prices U.S. consumers paid for groceries jumped 2.6% in April, the largest one-month pop since February 1974. The spike in supermarket prices was broad based and impacted items from broccoli and ham to oatmeal and tuna.

Of course there have also been whispers that some funny business has been taking place among the meatpacking giants, and federal officials are now investigating allegations of price fixing

Federal prosecutors are looking into allegations that the meatpacking industry is coordinating or manipulating prices, a person familiar with the investigation told FOX News.

The Department of Justice investigation has been going on for “months,” the source said.

Prosecutors are specifically scrutinizing the four largest meatpackers in the U.S., which control more than 80 percent of the market: JBS, National Beef, Tyson Foods and Cargill.

But no matter how that investigation unfolds, we should expect higher prices to continue, because the industry simply cannot produce as much meat as usual with so many facilities shut down right now.

And with each passing day, we learn of more workers that have become infected.  In fact, 570 workers at a single Tyson Foods plant in North Carolina just tested positive for the virus

Meat processing plants across the country are struggling with outbreaks of the coronavirus. That includes the Tyson Foods chicken processing facility in Wilkes County, N.C.

More than 2,200 workers were tested at the Wilkesboro plant, and 570 were positive for the coronavirus.

With so many meat processing facilities all over the nation currently idle, many farmers simply do not have anyone to sell to right now, and this has pushed many of them to the brink of financial ruin.

For example, it is exceedingly expensive to raise chickens on a massive scale, but with so many plants closed down North Carolina farmers are now being forced “to euthanize 1.5 million chickens”

Coronavirus outbreaks at meat processing plants are forcing North Carolina farmers to euthanize 1.5 million chickens, according to a state official.

Assistant Agriculture Commissioner Joe Reardon told The News & Observer that this is the first time during the pandemic that North Carolina farmers have had to euthanize their animals. Roughly a third of the 1.5 million chickens already had been killed, Reardon said.

Similar scenarios are playing out all over the U.S., and this is truly a tremendous tragedy.

Unlike some other areas around the globe right now, we would actually have plenty of meat if the farmers could get their animals through the supply chain.

Unfortunately, fear of COVID-19 has thrown the supply chain into a state of chaos, and that is likely to continue for the foreseeable future.  In fact, the mainstream media is now warning us “that shortages may only get worse”

The Centers for Disease Control and Prevention has estimated at least 5,000 workers were infected by the end of April, though advocates have suggested there could be more than 17,000. And with plants already slow to respond to outbreaks and some still partially closed, it’s likely that shortages may only get worse.

The good news is that eventually this pandemic will subside, and when that happens it is likely that the supply chain will start to revert back to normal once again.

But if fear of COVID-19 can cause this much chaos for our food distribution systems, what will happen once a much more severe crisis hits us?

When things really start going crazy in this country, basic supplies will disappear from the stores very rapidly, and the government is not going to be bringing baskets of food to your door.

In the end, you will be on your own.

And in the short-term, you should expect food prices to continue to rise.  The federal government has been borrowing and spending trillions of dollars that we do not have during this pandemic, and the Federal Reserve has cranked up the money creation machine to absolutely absurd levels.  What this means is that the value of our currency is rapidly being devalued, and eventually we will see very painful inflation.

I know that food prices seem really high right now, but they are only going to go up from here.

So stock up on what you can while you have this window of opportunity to do so, because this window of opportunity will not last indefinitely.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep. My name is Michael Snyder and I am the publisher of The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I have written four books that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned) By purchasing those books you help to support my work. I always freely and happily allow others to republish my articles on their own websites, but due to government regulations I need those that republish my articles to include this “About the Author” section with each article. In order to comply with those government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of the websites where my work is republished. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with all many people as we possibly can.

A Taste Of What Is Coming – Food Prices Just Increased By The Most That We Have Seen Since 1974

Get ready to pay much more for groceries.  I have been warning that the flood of new money that the Federal Reserve and Congress have been pumping into the system would have very serious consequences, and I have also been warning that food prices would be shooting higher.  When things start getting really crazy, demand for food and other basic essentials goes way up, and meanwhile this pandemic has significantly disrupted production of certain products.  So even though most of the economy is currently still in a deflationary phase, food prices are beginning to spike.  In fact, the U.S. Labor Department says that we just witnessed the largest one month increase since February 1974

The Labor Department reported Tuesday that prices U.S. consumers paid for groceries jumped 2.6% in April, the largest one-month pop since February 1974. The spike in supermarket prices was broad based and impacted items from broccoli and ham to oatmeal and tuna.

The price of the meats, poultry, fish and eggs category rose 4.3%, fruits and vegetables climbed 1.5%, cereals and bakery products advanced 2.9%, and dairy goods gained 1.5%.

Sadly, this is just the beginning.

Prior to this pandemic, Americans spent about 10 percent of their incomes on food.

As this new economic depression deepens, expect that number to eventually more than double.

We live at a time when global food supplies are becoming increasing stressed for a variety of reasons.  In wealthy countries this is going to force food prices aggressively higher, and in poor countries this is going to mean that a lot of people simply will not have enough to eat.

Already, we are seeing some crazy prices for certain items here in the United States.  King Arthur Flour is very popular these days, and because supplies have become so tight a single bag is now selling for more than 26 dollars on eBay…

Five-pound bags of King Arthur Flour have been so hard to score that they were selling this week on eBay for $26.49, five times the store price.

If you planned on stocking up on flour, hopefully you did it ahead of time.

Many out there are suggesting that the best thing that we can do during an economic environment such as this is to keep showering the American people with more government checks.

In fact, Democrats in Congress have just introduced a new bill that would borrow and spend an additional three trillion dollars that we don’t currently have

State and local governments would share nearly $1 trillion in federal aid to cover their coronavirus-related costs and families would get another round of direct payments under a stimulus bill House Democrats unveiled Tuesday.

The more than $3 trillion Health and Economic Recovery Omnibus Emergency Solutions Act, or HEROES Act, also would expand unemployment assistance, boost food stamps, increase emergency grants to small businesses trying to weather the COVID-19 pandemic that has slammed the economy and upended daily life in the U.S.

Without a doubt, millions upon millions of Americans are deeply hurting right now.  Just about everyone has been thrilled to receive the first round of “stimulus checks”, and certainly very few people would complain if another round was sent out.

But if sending everyone a thousand dollars is good, wouldn’t sending everyone a million dollars be even better?

Needless to say, throwing giant piles of money around recklessly is not a good idea, because it destroys the value of our currency.

Venezuela tried that, and at this point almost everyone in the country is a millionaire

What if I told you that in the socialist paradise of Venezuela, everyone’s a millionaire?

The Bolivarian Revolution has raised the minimum wage over 50 times throughout the past 20 years. As of May 2020, it’s been set at 400,000 bolivars, plus a 400,000 socialist food ticket bonus, bringing it to an astounding total of 800,000 bolivars per month.

But even though there are so many “millionaires” running around, almost everyone in Venezuela is living in deep poverty because the money has become virtually worthless.

Do we really want to become just like Venezuela?

Because that is the path that we are currently on.

Every time a new dollar is created, every existing dollar that you currently hold declines in value.

And every time a new dollar is created, the value of your paycheck goes down if your employer doesn’t give you a raise to match the increase in the money supply.

But the mainstream media continues to be enamored by the Federal Reserve’s ability to “solve our problems” by creating trillions of dollars out of thin air.  Just consider the following quote from a recent USA Today article

It works like magic. With a few strokes on a computer, the Federal Reserve can create dollars out of nothing, virtually “printing” money and injecting it into the commercial banking system, much like an electronic deposit. By the end of the year, the Fed is projected to have purchased $3.5 trillion in government securities with these newly created dollars, one of many tools it is using to help prop up the ailing economy during the COVID-19 pandemic, according to Oxford Economics.

“It works like magic”?

You can probably imagine how I responded when I first read that.

They make it sound like some sort of Disney production, but in reality what the Federal Reserve is doing is slowly but surely turning us into the Weimar Republic.

Unfortunately, the mainstream media will continue to cheer the Fed on as they steadily kill the U.S. dollar, but none of us will be cheering when a loaf of bread costs 5 dollars and a gallon of milk costs 10 dollars.

A torrent of newly created money is not going to fix our economy.  What we really need is for the American people to be allowed to go back to work, but quite a few states are indicating that some restrictions may not be lifted until August or later.

And even if all of the restrictions were lifted immediately, fear of COVID-19 is going to keep many Americans from resuming normal activities for the foreseeable future

Most Americans say they would be uncomfortable returning to their regular routines today, even as they are increasingly leaving their homes to visit others, according to a new CNN Poll conducted by SSRS.

The 58% who say they are not comfortable returning to their routines today is similar to the 60% who said last month that they would be uncomfortable doing so if guidelines on social distancing expired on April 30. On the other side, 41% say they would be comfortable resuming their regular routines now.

What all of this means is that we are going to be dealing with an economic depression for a long time to come, and every new crisis that erupts during this period of time is just going to intensify our problems.

For a long time, I warned that an economic collapse was coming, but I don’t have to do that anymore because the economic collapse is here.

Now the value of our currency is being absolutely destroyed by our authorities as they respond to this economic collapse, and that is going to have very serious implications for our future.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep. My name is Michael Snyder and I am the publisher of The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I have written four books that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned) By purchasing those books you help to support my work. I always freely and happily allow others to republish my articles on their own websites, but due to government regulations I need those that republish my articles to include this “About the Author” section with each article. In order to comply with those government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of the websites where my work is republished. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with all many people as we possibly can.

Global Authorities Brace For A Worldwide Protein Shortage As “One-Quarter Of Earth’s Pigs Have Been Wiped Out”

African Swine Fever is killing millions upon millions of pigs all over the world, and this threatens to create a crippling global shortage of protein as we head into 2020.  This epidemic began in China last year, and it is now also running wild in North Korea, Vietnam, Laos, Cambodia, Myanmar and the Philippines.  But this crisis is certainly not limited to Asia.  According to the Washington Post, so far in 2019 there have also been outbreaks “in Belgium, Bulgaria, Hungary, Latvia, Poland, Romania, Russia and Ukraine.”  Overall, cases of African Swine Fever have been documented “in nearly 50 nations”, and U.S. pork producers are extremely concerned that it could start spreading here too.

African Swine Fever is extremely contagious, there is no vaccine, and there is no cure.  Once it starts spreading in a certain area, there isn’t much that can be done “other than culling herds and loading carcasses into hazardous waste sites”.  Literally, we are talking about an unstoppable global plague that is an existential threat to our food supply.  Of course many of us don’t eat pork, but there will also be an immense strain on supplies of beef and chicken as those that eat pork are forced to turn to other alternatives.  This is an exceedingly serious situation, and with each month it is just getting worse.

China is the epicenter for this crisis, and CNN is reporting that the Chinese herd has “shrunk by around 130 million” since this epidemic first began last year…

The damage that African swine fever has wrecked on China’s pig population is hard to overstate. The country is home to half of all the pigs on the planet, and its herd has shrunk by around 130 million since the outbreak began about 13 months ago, according to a CNN Business analysis of data from the Chinese agricultural ministry. Many farmers are reluctant to restock pigs after they are slaughtered, fearing they’ll catch the disease.

To put that in perspective, there are only about 70 million pigs in the United States.

Yes, that number is for the entire country.

So the damage that has already been done in China is beyond cataclysmic, and this crisis is very far from over.

And according to the Washington Post, the losses in China are even higher than what CNN is reporting.  If you can believe it, the Post says that “as many as half of China’s pigs” have already died…

As many as half of China’s pigs, an estimated 300 million, have died of the virus or been exterminated since the disease took hold 13 months ago.

Of course the virus continues to sweep through China like wildfire, and at this point Rabobank is projecting that up to 70 percent of China’s pigs could eventually end up dead.

And considering the fact that about half of all the pigs in the entire world are in China, that is a very sobering thing to hear.

Needless to say, this crisis has been dramatically driving up the price of pork.  According to CNN, the price of pork in China is now nearly 70 percent higher than it was at this time last year…

African swine fever has ravaged China’s pig population, and the country’s consumers are feeling the pain. Some are even switching to other meats as the dietary staple becomes unaffordable.

Pork in China now costs nearly 70% more than it did a year ago, according to data released Tuesday by China’s National Bureau of Statistics.

For the average Chinese citizen, this is a really big deal, because pork accounts for about 70 percent of their total meat consumption.

So to keep their population fed, China has started to import massive quantities of pork and beef from the rest of the world…

China has also been buying more pig meat from the rest of the world to keep its consumers happy. The country imported more than 1.3 million tons of pork in the first nine months of 2019, a 44% spike compared to a year ago, according to customs data published Monday. Imports of beef were up more than 50%, as people substitute that meat for pork in their diets.

As this virus continues to rapidly spread all over the planet, the supply crunch is only going to get worse.

Global prices are going to continue to escalate, and those on the bottom of the global economic food chain are going to have an increasingly difficult time being able to afford to buy any pork, beef or chicken at all.

And nobody should expect things to turn around in a year or two.  In fact, one expert is projecting that “it will be another 4 to 6 years before China will be able to rebuild its herd”…

“We’re past a year now and it’s still spreading and getting worse,” he says. “We believe it will be another 4 to 6 years before China will be able to rebuild its herd, but that’s making assumptions about when and if they will be able to get an effective vaccine.”

Of course that projection assumes that there will be a vaccine, but right now there is no vaccine and we don’t know if there will ever be one.

Meanwhile, this virus just continues to sweep across the globe like wildfire.  In fact, we just learned that it has gotten into “two more provinces in the Philippines”

The highly contagious and deadly African swine fever virus has spread to two more provinces in the Philippines, the world’s 10th-largest pork consumer, officials said on Friday.

Cases of infections were detected in some areas in Cavite, south of the nation’s capital Manila, and in Nueva Ecija on Luzon island.

This is a global plague unlike anything we have ever seen before.

According to the New York Daily News, “more than one-quarter of Earth’s pigs have been wiped out by the virulent disease.”

I put that last sentence in bold to make sure that you caught that.

More than a fourth of our pigs are already gone, and this virus is still raging out of control.

I will continue to keep my readers updated on this crisis.  What we are facing is literally a global nightmare, and we are still in the early chapters.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep.  My name is Michael Snyder and I am the publisher of The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I have written four books that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters.  (#CommissionsEarned)  By purchasing those books you help to support my work.  I always freely and happily allow others to republish my articles on their own websites, but due to government regulations I can only allow this to happen if this “About the Author” section is included with each article.  In order to comply with those government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished.  This article may contain opinions on political matters, but it is not intended to promote the candidacy of any particular political candidate.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of the websites where my work is republished.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.

“An Estimated 150-200 Million Pigs” Have Been Hit By A Global Plague Of Biblical Proportions

African Swine Fever is the greatest threat to global food production that we have seen since World War II ended.  As you will see below, the disease has now spread “to every province in mainland China”, and it has now infected “an estimated 150-200 million pigs”.  To put that number in perspective, that is more pigs than the entire U.S. pork industry produces in an entire year.  In other words, the equivalent of the entire U.S. pork industry has just been wiped out.  On top of that, African Swine Fever has also spread to Cambodia, Tibet, Romania, South Africa and Vietnam.  The losses are staggering, and this crisis continues to get worse with each passing week.

Earlier today I came across a Canadian news article entitled “Why bacon could get a lot more expensive”, and in that article a Canadian expert claimed that there are “tens of millions of pigs who have disappeared” in China…

“The meat of choice in China is pig and disease has been devastating for them,” Friendship said. “They have lost a lot of pigs and they will be doing lots of culling.”

He noted that although official figures from China suggest the outbreak’s effect have been minimal, experts estimate that “we’re dealing with tens of millions of pigs who have disappeared.”

Friendship estimated the decrease in pigs is roughly the equivalent of what Canada and the U.S. produce combined. And this lack has created a vacuum.

That claim is consistent with the information that I put into an article about this crisis a few weeks ago, but I decided to go hunting for some even newer numbers.

So eventually I ended up over at PorkBusiness.com, and according to them African Swine Fever “is now affecting an estimated 150-200 million pigs” in China…

Production losses from African swine fever (ASF) have eclipsed initial estimates, Rabobank said on Thursday. In 2019, Rabobank expects Chinese pork production losses of 25% to 35%, creating new challenges and opportunities for animal protein exporters.

“African Swine Fever has spread to every province in mainland China and is now affecting an estimated 150-200 million pigs,” said Christine McCracken, RaboResearch animal protein analyst. “The expected 30% loss in pork production is unprecedented. These losses cannot easily be replaced by other proteins like chicken, duck and seafood, nor will larger pork imports be able to fully offset the loss.”

When I use the term “plague”, I am not using it lightly.  I have never heard of a single disease wiping out this many farm animals before.

Have you?

We are potentially talking about an absolutely crippling blow to the global food supply.

And pork prices are already starting to skyrocket.  The following comes from the same Canadian article that I mentioned earlier

At the beginning of 2019, Canadian farmers earned $150 for every pig shipped to market but now they’re making between $220 to $225, he said.

Since first being detected on a small hog farm in northern China last August, African Swine Fever has spread like wildfire, but so far it hasn’t reached the United States.

And U.S. farmers are doing all that they can to keep that from happening, because African Swine Fever can have a mortality rate “as high as 100% within 2-10 days”

ASF is a highly contagious viral disease that causes death in domestic and wild pigs of all ages. Symptoms include high fever, decreased appetite and weakness, red, blotchy skin or skin lesions; diarrhea and vomiting; and coughing and difficulty in breathing. Mortality rate is as high as 100% within 2-10 days.

Even if a pig survives African Swine Fever, it is often culled anyway to help prevent the spread of the disease.

There is no vaccine, and there is no cure.  And even if this outbreak was ended immediately, it would likely take the Chinese pork industry many years to recover.  The following comes from CNN

“China normally accounts for 49% of global pork consumption, while consuming 28% of the world’s meat supply,” said Arlan Suderman, chief commodities economist at INTL FCStone. “As such, this is a big problem for China, and we expect it to be a five to seven year problem before production can be restored.”

Of course this outbreak is not likely to end any time soon.  In fact, all of the experts expect African Swine Fever to continue to spread.

So pork prices will continue to skyrocket, and prices for chicken and beef will also rise aggressively as many consumers shift to alternatives to pork.

Unfortunately most people still don’t seem to understand what we are facing.  In this country, most Americans are partying instead of preparing, and that is a huge mistake.

And the mainstream media certainly is not helping.  Millions upon millions of pigs really are dying all over the globe, and yet there is barely a peep about this crisis on our major news networks.

We’ll see what happens.  Hopefully this outbreak will subside and things will return to normal.

But so far that hasn’t happened, and African Swine Fever just continues to spread.

If it starts spreading in North America too, there is going to be a lot of panic and the mainstream media will be forced to start paying a lot of attention to this story.

Over the coming months, supplies of pork are going to get tighter and tighter, and prices are going to shoot higher and higher.

We have never faced a crisis quite like this, and nobody is quite sure what is going to happen next.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

Hundreds Of Millions Of Pigs Feared Dead From Swine Fever – Price Of Pork Has Risen 38 Percent In The Last 4 Weeks

A plague of epic proportions is ripping through the global pig population, and CNBC is warning that this unprecedented outbreak of African swine fever “could lead to significant shortages” of pork in the global marketplace.  As you will see below, the price of pork has already risen 38 percent over the last 4 weeks, and it appears inevitable that it will go a lot higher as this crisis continues to intensify.  When the first case of African swine fever was reported in China last August, nobody was really too concerned at the time.  But since then it has been spreading like wildfire, and the most recent estimates of the spread of the disease that we are getting from the experts are absolutely terrifying.

China consumes 49 percent of all pork produced in the world, and they slaughter approximately 700 million pigs a year.

So we are talking about the primary source of protein for the most populated country on the entire planet.

According to the Daily Mail, one major pork supplier has “suggested that 30-50% of Chinese pig farms have been affected by the outbreak”.  And apparently this is the primary reason why the price of pork has increased by 38 percent over the last month…

There was an 18% increase in the price of bacon from February to April this year, according to Bidfood, Beacon said, and the market price of pork has risen by 38% in the last four weeks.

The company also said another of its suppliers, Brakes, suggested that 30-50% of Chinese pig farms have been affected by the outbreak, which has increased pig prices around the world.

If what this pork supplier is claiming is true, then this plague is far, far worse than we had previously been told.

And commodities economist Arlan Suderman is giving us similar numbers.  He just told CNBC that hog feeding in China is down “at least 40%”, and in some areas he says that it is down “more than 50%”…

“What our people there in China find is a far different story where the disease is continuing to spread,” said Arlan Suderman, chief commodities economist with INTL FCStone in Kansas City, Mo. “China just doesn’t want the rest of the world to know what the situation is.”

The economist termed it “a very dire situation” and estimates hog feeding in China has fallen at least 40% and in some larger swine producing regions plummeted more than 50% in response to the disease. He said the decline is directly attributable to infected pigs dying and producers afraid of the disease and liquidating herds to salvage some value.

There is no cure for African swine fever, and when it hits a pig farm it spreads like wildfire.  In an effort to fight the spread of the disease, most of the time authorities slaughter any pigs that somehow survive.

So if 40 percent of China’s pig farms have already been essentially wiped out, we are talking about a blow to global pork production unlike anything we have ever seen before

“If we’re down 40%, that would mean on an annualized basis that they’ve lost more pork production capacity than what we produce in all of North and South America together on an annual basis,” said Suderman.

I hope that most of you are starting to grasp the implications of what I am sharing.

And China is not the only one grappling with this outbreak.  African swine fever is also devastating pig farms in Vietnam, Cambodia, Tibet and we just learned that an outbreak has now erupted in South Africa

South Africa has detected an outbreak of African swine fever on a farm in North West province, the Paris-based World Organisation for Animal Health (OIE) said on Wednesday, citing a report from the South African agriculture ministry.

The outbreak killed 32 out of a herd of 36 pigs on a farm in the Ditsobotla district, with the remaining animals slaughtered, the report said.

The good news is that there haven’t been any outbreaks in the U.S. yet, and the National Pork Producers Council just canceled the World Pork Expo due to fears about the disease

The National Pork Producers Council said it would be safest for the U.S. herd to cancel the World Pork Expo, which attracts about 20,000 visitors annually to the Iowa State Fairgrounds.

Visitors attend from 40 countries, including areas that have tested positive for the disease.

“Producers have been very concerned about the risk of African swine fever,” said Jen Sorenson, vice president of the council’s board.

The United States sells approximately 20 billion dollars worth of pork annually, and so there is a tremendous amount at stake.

The Department of Homeland Security is taking this threat extremely seriously, and they are going to do all they can to keep African swine fever from crossing our borders.

But even if the disease never reaches the United States, it is still going to deeply affect us.  If the numbers that I shared with you above are accurate, that means that hundreds of millions of pigs are already dead, and this plague continues to spread.

Pork prices have already shot up, but they will never be lower than they are right now.  China and other major pork consuming nations will be trying to import all of the pork that they possibly can, and that is just going to drive the price of pork through the roof.

And for those of us that don’t eat pork, we will see prices for chicken and beef also rise as pork eaters alter their buying behavior due to rising prices.  So in the end, all forms of meat are going to become significantly more expensive.

Also, let us not forget that “as many as a million calves” were lost in the state of Nebraska alone during the recent flooding in the central United States.  That is going to drive up meat prices too.

No matter how much meat is actually produced, people are still going to be just as hungry.  If you take a basic course in economics at one of our universities, you will learn that when demand stays the same and supply goes down, prices are going to rise.

Of course if African swine fever continues to spread wildly all over the globe, eventually we are going to have a much bigger problem on our hands than just rising prices.

This is a developing story, and I will do my best to keep you updated.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

ANOTHER “Bomb Cyclone” Will Bring More Flooding To Parts Of The Midwest That Were Hit By A “1,000 Year Flood” Last Month

Less than a month after a “bomb cyclone” caused a “1,000 year flood” in the middle portion of the country, another “bomb cyclone” of similar strength is going to bring even more flooding to the High Plains and Upper Midwest.  According to meteorologists, it is being projected that this new “bomb cyclone” will be “similar in intensity and in snowfall” to the last one, and the latest forecast is calling for “more than 30 inches in some areas”.  The floods that we witnessed last month absolutely devastated communities throughout the region, and now it is going to happen again.  The middle part of our nation has literally never seen anything like this happen ever before, and this is easily the worst natural disaster to hit the United States since Hurricane Katrina.

Before I get into the details of the latest weather forecast, let’s review what we have witnessed so far.  “At least 1 million acres of U.S. farmland” were under water for at least 7 days last month, according to Agriculture Secretary Sunny Purdue “as many as a million calves” were lost in the flooding in the state of Nebraska alone, and hundreds of millions of dollars worth of crops were destroyed.  Thousands upon thousands of farmers were financially ruined, and thousands of farmers will not be able to plant any crops at all this year.

If you can point out a worse agricultural disaster in the last 50 years in the United States, please feel free to do so.  To my knowledge, there isn’t one.

And now a second “bomb cyclone” is on the way this week.  According to CBS News, it looks like this “bomb cyclone” will produce “a blizzard of epic proportions”…

Only three weeks after a “bomb cyclone” — one of the most intense storms on record — pummeled the Plains and Midwest, another bomb cyclone of similar strength has been forecast. This spring storm seems poised to dump even heavier snow; it could also be followed by another round of significant river flooding.

Over the past few days, various forecast computer models have shown a blizzard of epic proportions for the north-central Plain States and Upper Midwest. Every time a model is updated, the storm depicted seems to get even more intense. At this point, it seems likely that some of the same areas impacted by devastating flooding just weeks ago are about to get slammed by an historic blizzard Wednesday through Friday.

Some Midwest communities already look like they have literally been through a war.

What do you think they are going to look like after another epic blizzard and more severe flooding rips through them?

If you are not familiar with the term “bomb cyclone”, here is a pretty good explanation from MSN

A bomb cyclone is a rapid drop in air pressure — at least 24 millibars in 24 hours — and often is over or near oceans or seas because it requires warm moist air smacking into cold dry air, along with volatile weather from the jet stream. The central and mountain part of the country may get one of these every few winters, said Greg Carbin, forecast branch chief for the National Weather Service’s Weather Prediction Center in Maryland.

But this would be the second such storm in less than a month. The March 13 storm caused massive flooding in the Midwest, a blizzard in Colorado and Wyoming, and produced winds of between 96 mph and 110 mph (155 and 177.02 kph).

According to the National Weather Service, this new storm will dump a lot of snow on the northern Rockies on Tuesday, and from there it “will pick up in intensity as it moves into the central USA by Wednesday and into Thursday”.

The forecast is calling for the heaviest snow to fall in parts of Nebraska, South Dakota and Minnesota.

If you will remember, Nebraska was hit by flooding unlike anything it had ever seen before last month.  And now we are being told that this new storm “will further exacerbate flooding in Nebraska”

“This blizzard will further exacerbate flooding in Nebraska with the added insult of heavy snowfall to eventually melt,” said Ryan Maue, a meteorologist at the private weathermodels.com. “This is more bad news for suffering farmers who are unable to flip the calendar on winter.”

Even before this storm, the National Weather Service was warning that there would be “above-average precipitation across much of the Lower 48” over the next few months and that 200 million Americans were at risk of being affected by flooding.

But nobody was expecting another “bomb cyclone” to come so soon.

I have been repeatedly warning my readers that our planet is becoming increasingly unstable and that global weather patterns are really starting to go haywire.  We are seeing things happen that we have never seen before, and what I have shared in this article is yet another example.

Since January 1st, the middle portion of the country has already received approximately twice the precipitation that it normally does, and that doesn’t even count the precipitation from the “bomb cyclone” that is about to strike.

The crop losses that we have already witnessed are absolutely staggering, and now we are about to get hit with another severe blow.

Earlier today I went to the grocery store, and I was stunned by the high prices.

But the truth is that this is as low as food prices are going to get.  A series of catastrophic events threatens to significantly reduce global food production this year.  If you doubt this, just check out what has been happening in China.

We like to think that we are immune to the forces of nature that have played havoc with other societies throughout human history, but we aren’t.

Right now we are watching a great human tragedy play out in the middle portion of the country, but since we depend on them to grow much of our food, the truth is that we are all going to be feeling the pain of this tragedy in the months ahead.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

Do NOT follow this link or you will be banned from the site!