Why Are Food Prices Going Up So Rapidly?

For a long time I have been warning that global food prices would rise dramatically, and that is precisely what we have witnessed over the past 12 months.  Unfortunately, global wages are not rising nearly as quickly as global food prices are, and so this has pushed millions and millions more people into poverty and hunger.  Here in the United States, nobody is currently in danger of starving to death, but many Americans have been getting a severe case of sticker shock when they go to the grocery store.  Not since the Jimmy Carter era of the 1970s have we seen prices escalate like this, and people are starting to get angry.

Since the beginning of the pandemic, global food supplies have been getting tighter and tighter.  When I first started writing about this, certain individuals derisively dismissed what I had to say, but now the truth is becoming apparent to everyone.

Very tight supplies and growing demand have pushed global food prices 32.9 percent higher over the past year…

Central banks and mainstream media continue to peddle the notion that soaring food inflation is temporary and the average Joe and Jane should not worry about it. But in a new report via the Rome-based Food and Agriculture Organization (FAO), global food prices are on the rise, once again, and back to near-decade highs.

FAO released a statement Thursday that detailed after two consecutive months of declines, world food prices in August jumped due to solid gains in sugar, vegetable oils, and cereals.

FAO’s food price index, which follows international prices of globally traded food commodities, averaged 127.4 points in August, up 3.9 points (3.1%) from July and 31.5 points (32.9%) from the same period last year.

Unfortunately, experts are telling us that food prices are going to continue to climb.

In fact, one is estimating that food prices will continue to go up like this “for the next two years or so”

Grocery prices have been on an upward trend for most of the year, and some experts say that this will continue for at least the next several years.

“We’re going to continue to see price increases, probably for the next two years or so,” says Phil Lempert, an analyst and food trends expert perhaps best known as the Supermarket Guru.

This is really bad news.

So why is this happening?

Well, the Biden administration is blaming the greed of the meat processing industry

During Wednesday’s press briefing, National Economic Council Director Brian Deese and Agriculture Secretary Tom Vilsack spoke about the actions the administration was taking to help alleviate what Deese called ‘pandemic profiteering’ from the top meat processing companies.

‘One of the interesting findings of the report that we put out today, is that about half of the overall increase in grocery prices can be attributed to significant increases in prices in three products – in beef, in pork and in poultry,’ Deese said from the podium.

Certainly greed is playing a role, but as Zero Hedge has pointed out, a whole host of other factors are contributing to this crisis as well…

A combination of global droughts, volatile weather, labor shortages, and supply chain disruptions persisting from COVID, among others, have contributed to the rapid rise in food prices over the last year.

Heading into fall, soaring food inflation shows no signs of abating and may worsen. This may cause socio-economic turmoil in emerging market economies, mainly because people in those countries allocate more of their daily budgets to food.

The pandemic was supposed to be subsiding by now, and so by this time of the year prices were supposed to be starting to stabilize.

But instead the Delta variant is causing widespread panic, and this is causing more disruptions throughout our entire society

The summer that was supposed to mark America’s independence from COVID-19 is instead drawing to a close with the U.S. more firmly under the tyranny of the virus, with deaths per day back up to where they were in March.

The delta variant is filling hospitals, sickening alarming numbers of children and driving coronavirus deaths in some places to the highest levels of the entire pandemic. School systems that reopened their classrooms are abruptly switching back to remote learning because of outbreaks. Legal disputes, threats and violence have erupted over mask and vaccine requirements.

We already had a shortage of nurses and other health care workers before this pandemic, and now all of the various mandates that have been instituted threaten to cause a meltdown of the entire system

Fortune.com reported last week that about 39 percent of U.S. hospitals have announced vaccine mandates for staff members.

“It’s not just nurses at stake with vaccine mandates. Respiratory techs, nursing assistants, food service employees, billing staff and other health care workers are already in short supply. According to the latest KFF/The Washington Post Frontline Health Care Workers Survey, released in April, at least one-third of health care workers who assist with patient care and administrative tasks have considered leaving the workforce,” according to Fortune.

I can’t even begin to describe how foolish it is to institute mandates that could potentially force thousands upon thousands of health care workers to leave their jobs right in the middle of a pandemic.

But that is what we are now facing.

The way that we have responded to this pandemic has been a complete and total nightmare, but those running things seem entirely convinced that they are on the right track.

Moving forward, there is going to be more panic, more chaos, more shortages and more price increases.

So even though food prices are already ridiculously high, now is the time to stock up, because food prices are only going to go higher from here.

I have been doing my best to sound the alarm, but sometimes I feel like I am pounding my head into a wall.

Most people just have an absurd amount of faith in the strength and durability of our system, and so they refuse to believe that it could ever fail.

But it is failing, and what we have experienced so far is just a preview of coming attractions.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”“The Beginning Of The End”“Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books 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.  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.

Inflation Shock: Are You Ready To Start Paying “$40 Or $50” For A Hamburger?

After decades of living in a relatively low inflation environment, it is hard for most Americans to believe that things have gotten so bad so quickly.  In fact, even though I write about this stuff almost every day, it is hard for me to believe it.  We are watching prices spiral out of control all over the nation, and we know precisely who is to blame.  During the pandemic, our politicians in Washington have been borrowing and spending money at an unprecedented rate, and this has pushed our national debt up to 28 trillion dollars.  Meanwhile, the Federal Reserve has been pumping trillions of fresh dollars into our financial system, and this has resulted in the Fed balance sheet nearly doubling over the course of this pandemic.  I have used the term “economic malpractice” to describe what our leaders are doing, but it is actually far worse than that.  They are literally in the process of destroying our economy, and even after so many experts have pointed out their colossal errors they still won’t stop.  They just keep creating more money, and now we have a horrific inflation crisis on our hands.

Following Joe Biden’s town hall on Wednesday night, the Daily Mail spoke to a restaurant manager in Manhattan named John Stratidis.  According to Stratidis, rising costs and rising wages will mean that consumers will have to pay more for their meals.  In fact, he is warning that New Yorkers could end up “paying $40 or $50 for a hamburger”

‘When minimum wage goes up, who do you think is going to pay for that? The customer. Everything is going to go up just to be able to stay in business. When we give more money, the prices go up and when the prices go up who’s going to pay for that?

‘They’re going to be crying about it, and saying “it’s too expensive”. That’s inflation. You’re going to be walking in somewhere to eat something and paying $40 or $50 for a hamburger.’

Obviously, we aren’t at that point yet.

But if we stay on the path that we are currently on, we will eventually get there.

In some tourist traps, prices for burgers are already completely insane.  For example, one Las Vegas restaurant is now selling a burger that costs $100

Located on the casino floor and a few steps from the poker lounge, Posh Burger offers seven burger choices, ranging from a $12 traditional hamburger to a $23 half-pound “super deluxe” waygyu steak burger, plus the option of a $16 vegetarian Impossible burger.

For diners looking to play out their high roller fantasies, an eye-catching $100 menu highlight is dubbed the Posh Royale Burger and created with wagyu beef, truffle, foie gras, gold dust, a garnish of lettuce, tomato, onion, pickles, and the secret Posh sauce.

That is crazy, but that isn’t even the most expensive burger around.

In the Netherlands, one luxury chef is actually selling a burger for $6,000.

I still remember the days when you could get a nice, thick fancy burger with all of the fixings for less than a dollar.

Sadly, those days are long gone, and food prices are now rising at a frightening pace all over the country.

The other day, billionaire John Catsimatidis made headlines when he warned that there would be a double digit spike in food prices “by October first”

Catsimatidis said that he expects a 10 to 14% spike in food prices by October first.

FOX Business’ Ashley Webster asked Catsimatidis if he is going to be forced to pass the extra costs onto consumers.

“You have to pass it on otherwise you’re not doing your duty to guard your country, your employees and your company,” he responded.

But at least housing is still affordable, right?

Actually, CNN is reporting that home prices are 23 percent higher than they were at the same time a year ago…

The median price for an existing home in June hit an all-time high of $363,300, up 23% over last year. That marks 112 straight months of year-over-year gains.

23 percent in one year!

Has your paycheck gone up by 23 percent over the past year?

If not, you are rapidly losing ground.

Renters are not faring much better.  In some of the hottest rental markets around the country, rents have risen by more than 20 percent.  The following example comes from the New York Times

Kaitlin Cindrich is facing a $200 monthly increase in rent this August if she and her husband can renew their apartment lease in Provo, Utah. That 25 percent jump is not something she expected, and the 21-year-old fears she may have to skip doctor appointments for her autoimmune disease to keep up with the payments.

Still, she acknowledges there isn’t much choice but to pay more. “We are hoping to stay because everything is so expensive right now that I would be paying the same whether I’m here or somewhere else,” Ms. Cindrich said.

Some markets are seeing more moderate increases, but overall we have seen rental prices increase by 9.2 percent up to this point in 2021…

Data from Apartment List, a listing site, confirms the trend visible in the Zillow numbers: So far in 2021, rental prices nationally have grown 9.2 percent, compared with the 2 to 3 percent that is typical from January to June. According to the most recent data available, prices were higher than economists at Apartment List would have expected had prepandemic trends persisted.

So what will the rest of 2021 look like?

Will rental prices have risen by a total of 15 or 20 percent by the time the year is through?

The Biden administration continues to insist that inflation is “low”, but hardly anyone believes them.

In fact, one recent survey found that 70 percent of Americans are “extremely or very concerned” about inflation…

A new internal poll from the National Republican Congressional Committee (NRCC) shows growing concerns about rising inflation in a number of battleground districts ahead of 2022.

Seventy percent of respondents said they were either “extremely or very concerned” about rising prices and the rising costs of living, according to the polling memo released Thursday. Additionally, 60 percent of voters said they disapproved of President Biden‘s handling of rising prices and the higher cost of living. On top of that, the poll found that 42 percent of people polled were more likely to blame Biden and congressional Democrats for rising prices. Ten percent said they were more likely to blame congressional Republicans.

If you are in the 30 percent that is not very concerned about inflation, you should be, because it is going to absolutely suck the life out of your standard of living.

Meanwhile, more shortages continue to pop up throughout our economy.

Earlier today, I was stunned to learn that a shortage of back-to-school supplies is now being projected…

Back-to-school shopping is always a nightmare. This year, expect it to be even worse.

While parents may be used to encountering shortages of items like sneakers, backpacks and gadgets later in the season -— which typically lasts from mid-July through the end of August — products are expected to be in tight supply even earlier. That means shoppers could find themselves picking over the handful of ugly backpacks and bento lunch boxes with missing pieces left at the store as early as this month.

In the new book that I just released, I have an entire chapter about hyperinflation and shortages.  Everyone could see this coming from a mile away, but our leaders just couldn’t help themselves.

Whenever a major crisis comes along, their only answer is to create, borrow and spend more money.

Many are comparing this to the Jimmy Carter era of the 1970s, but the truth is that what we are facing is much worse than that.

We are literally witnessing our nation commit slow-motion economic suicide, and it is absolutely horrifying to watch.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five others that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”“The Beginning Of The End”“Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books 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.  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.

Ranchers Sell Off Cattle And Farmers Idle Hundreds Of Thousands Of Acres As America’s Drought Emergency Escalates

In my entire lifetime, this is the worst that drought conditions have ever been in the western half of the country.  During the past 20 years, the amount of territory in the West considered to be suffering from exceptional drought has never gone higher than 11 percent until now.  Today, that number is sitting at 27 percent.  The term “mega-drought” is being thrown around a lot these days to describe what is happening, but this isn’t just a drought.  This is a true national emergency, and it is really starting to affect our food supply.

Just look at what is happening up in North Dakota.  The vast majority of the state is either in the worst level of drought or the second worst level of drought, and ranchers are auctioning off their cattle by the thousands

“Normally this time of the year, we’re probably looking at 400-600 head and a lot of times would be every other week,” said former auctioneer Ron Torgerson.

On Sunday and Monday, more than 4,200 head of cattle were sold at Rugby Livestock and Auction.

Needless to say, ranchers in North Dakota don’t want to get rid of their cattle, but the drought has pushed prices for hay and corn so high that many of them simply have no choice.

One of those that has already been forced to sell a large number of cattle is rancher David Bohl

As the drought continues, the price of hay and corn has gone way up. It’s more expensive for ranchers to try and supplement feed than it is to sell the cattle.

Bohl has already sold 200 of his head in the last month.

“Everybody is in the same situation, they’re going to have to sell probably 25 to 50% of them because there’s nowhere to go with them we just got no food to feed them,” Bohl said.

As cattle herds shrink all over the western half of the country, this is going to push beef prices significantly higher than they are right now.

And in many areas, they are already at ridiculous levels.

Meanwhile, the drought continues to push the water level in Lake Mead into the danger zone.  According to CBS News, Lake Mead will soon hit the “lowest level ever recorded”…

For more than eight decades, the iconic Hoover Dam has relied on water from Nevada’s Lake Mead to cover up its backside. But now, at age 85, it finds itself uncomfortably exposed. Much of the water the dam is supposed to be holding back is gone.

“This is like a different world,” said Pat Mulroy, the former head of the Southern Nevada Water Authority. She told CBS News senior national and environmental correspondent Ben Tracy that Lake Mead, the nation’s largest reservoir, is on track to soon hit its lowest level ever recorded.

Since the year 2000, the water level in Lake Mead has declined by a whopping 30 feet, and it is currently at just 37 percent of capacity.

The dam’s hydropower output has already been reduced by about 25 percent, and once the water level gets low enough it will stop producing electricity completely.

In addition, many farmers that rely on water from Lake Mead are facing a very uncertain future at this point…

For the first time ever, the federal government is expected to declare a water shortage on the lower Colorado River later this summer. That will force automatic cuts to the water supply for Nevada and Arizona starting in 2022. Homeowners have higher priority and, at first, won’t feel the pain as badly as farmers.

Dan Thelander is a second-generation family farmer in Arizona’s Pinal County. The water to grow his corn and alfalfa fields comes from Lake Mead. “If we don’t have irrigation water, we can’t farm,” he said. “So, next year we are going to get about 25% less water, means we’re going to have to fallow or not plant 25% of our land.”

Unless something changes, Thelander and other farmers in the region could potentially have all water cut off in 2023.

That is just two years away.

Of course there are many farmers in California that have already been informed that they will not be getting any water allocated to them at all here in 2021.  It is being projected that farmers in the state will not grow anything on 500,000 acres this year, and that is really bad news because California grows more than a third of our vegetables and two-thirds of our fruits and nuts

Along with wildfire risks, short water supply is putting immense pressure on the state’s agricultural industry, which grows over a third of the country’s vegetables and supplies two-thirds of the fruits and nuts in the US. Already farmers are culling crops and fallowing fields in anticipation of water shortages. Karen Ross, California’s food and agriculture secretary, told the California Chamber of Commerce that she expected 500,000 acres would have to sit idle this year.

So what are we going to do if this mega-drought persists several more years and agricultural production in California is dramatically reduced for an extended period of time?

I am sure that some wise guy will post a comment after this article about importing more fruits and vegetables from South America, but South America is experiencing a historic drought too.

In fact, at this moment Brazil is experiencing the “worst drought in nearly a century”, and scientists are anticipating that it will not end any time soon.

Needless to say, the droughts that we are witnessing are setting the stage for many of the things that I have been warning about, and the future of agricultural production in the western hemisphere is looking quite bleak for the foreseeable future.

In the short-term, this crisis is going to result in substantially higher prices at the grocery store.  I know that grocery prices have already risen to painful levels, but the truth is that food prices will never be as low as they are right now.

So I am encouraging everyone to stock up while they still can.

As I have said so many times, we really struggle to feed everyone in the world during the best of years, and 2021 is definitely not one of the best of years.

Global food supplies are getting tighter and tighter, and this definitely has enormous implications for our future.

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

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.  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)  By purchasing the books 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.  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 FacebookTwitter and Parler, 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.

The United Nations Is Sounding The Alarm About The Dramatic Increase In Global Food Prices

Conditions are heading in the direction that we have been anticipating, and that is not good news at all.  Food prices are rising at a very alarming rate, and at this point even the United Nations is sounding the alarm.  Most of my readers remember the global food riots that we witnessed in 2008 and 2011, and if conditions continue to deteriorate we could soon be facing something even worse.  Of course this crisis has not emerged out of a vacuum.  We struggle to feed the entire world even in the best of years, and for a very long time I have been warning that we would eventually be facing extremely painful food prices and serious shortages of food in the poorer areas of the planet.  But those running things just kept assuring us that everything would work out just fine somehow.

Unfortunately, they were wrong.

This week, even the United Nations was forced to admit that we are entering very dangerous territory after global food prices shot up for a 12th month in a row

A United Nations gauge of world food costs climbed for a 12th straight month in May, its longest stretch in a decade. The continued advance risks accelerating broader inflation, complicating central banks efforts to provide more stimulus.

Drought in key Brazilian growing regions is crippling crops from corn to coffee, and vegetable oil production growth has slowed in Southeast Asia. That’s boosting costs for livestock producers and risks further straining global grain stockpiles that have been depleted by soaring Chinese demand. The surge has stirred memories of 2008 and 2011, when price spikes led to food riots in more than 30 nations.

Sadly, global food inflation appears to be accelerating.  We are being told that last month’s jump in prices was the largest “in more than 10 years”.

Here in the western world, we can just dig a little deeper into our pockets in order to pay our rising grocery bills.

But in the poorest areas of the world, higher prices can mean the difference between eating and not eating.

Things have already gotten so bad that one UN official is warning that we have “very little room for any production shock”

“We have very little room for any production shock. We have very little room for any unexpected surge in demand in any country,” Abdolreza Abbassian, senior economist at the UN’s Food and Agriculture Organization, said by phone. “Any of those things could push prices up further than they are now, and then we could start getting worried.”

Of course there are “production shocks” happening all over the globe at this point.  The drought that is crippling agricultural production in Brazil and other South American countries has been absolutely devastating, and yesterday I wrote an entire article about how the endless megadrought in the western half of the United States is forcing some farmers to destroy their crops.

Things are especially dire in California right now.  It is being reported that the reservoirs in the state are “50% lower than normal”, and water levels are dropping much faster than they did during the previous drought

Temperatures hit triple digits in much of California over the Memorial Day weekend, earlier than expected. State officials were surprised earlier this year when about 500,000 acre feet (61,674 hectare meters) of water they were expecting to flow into reservoirs never showed up. One acre-foot is enough water to supply up to two households for one year.

“In the previous drought, it took (the reservoirs) three years to get this low as they are in the second year of this drought,” Lund said.

California residents may soon be facing draconian water restrictions, and farmers in the state have already been informed that they will be receiving very little or no irrigation water this year depending on where they live.

Without enough water to irrigate their crops, many California farmers won’t be producing much at all this year.

And that is really bad news, because California produces more of our fruits and vegetables than anyone else does by a very wide margin.

What this means is that food prices are going to continue to rise aggressively.

Needless to say, the price of just about everything has been going up these days, and Americans have been doing more Google searches for “inflation” than ever before

According to Google Trends, searches for the word “inflation” hit the highest level since 2004 between May 9 and May 15. That’s as far back as the data goes. Google charts trends numerically and during that time period interest in “inflation” went all the way up to 100.

In the end, it is just basic economics.

There are way too many dollars chasing way too few goods and services, and my readers knew that this sort of painful inflation was coming in advance.

As inflation rises, our standard of living goes down, and more Americans are being pushed out of the middle class with each passing day.

Since the beginning of the pandemic, poverty and homelessness have been absolutely exploding, and even those that live in wealthy areas are now discovering that this crisis is starting to show up on their doorsteps.

In fact, it appears that Hunter Biden has decided to move out of the luxury home that he was renting in Venice Beach, California because of the epidemic of homelessness that is ravaging that community

Hunter Biden appears to have moved out of the luxury $5.4 million home he was renting in Venice Beach, California amid a crime and homelessness wave that has hit the beach-front Los Angeles city.

The son of President Joe Biden was reportedly paying $25,000 a month to rent the three-story property on the Venice canals – just a block away from the beach.

But on Monday, DailyMail.com spotted a moving truck outside the palatial home with furniture being loaded into it.

For an idea of what life is like in Venice Beach today, just check out this video.

Once upon a time, Venice Beach was one of the most beautiful locations in the entire country.

Now it has been completely ruined, and the same could be said for much of the rest of the nation.

But if you think that things are bad now, just wait, because the chapters ahead are going to be even more terrifying.

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

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.  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)  By purchasing the books 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.  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 FacebookTwitter and Parler, 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.

Why Are So Many Americans Stockpiling Guns, Silver And Food Right Now?

We were told that 2021 would be the year when everything starts to get back to normal.  But that hasn’t exactly been the case, has it?  It has been just over a month, and there is still chaos everywhere.  We have seen a wild riot at the U.S. Capitol, civil unrest has been erupting in major cities from coast to coast, millions of people have filed for unemployment benefits, a president was impeached, and a crazy ride on Wall Street made “GameStop” a national phenomenon.  That would normally be enough for an entire year, but we are still in the first week of February.

All throughout history there have been critical turning points when events have greatly accelerated, and it appears that we have reached one of those turning points.

In fact, this may be turn out to be the biggest turning point of them all.

Millions upon millions of Americans can sense that big trouble is ahead.  For many, it is like a “gut feeling” that they just can’t shake.

Just a few days ago, my wife met a woman from the west coast that just moved here.  This woman and her husband were desperate to leave California, and they felt very strongly that they should move somewhere safe.

What makes her story remarkable is the fact that my wife and I have heard similar stories from others countless times over the past 12 months.

Our nation is being shaken in thousands of different ways, and so many of us can feel that things are building up to some sort of a grand crescendo.

So that is why so many Americans are stockpiling guns, silver and food right now.

They want to be ready for what is ahead.

2020 was a record year for U.S. gun purchases, but instead of slowing down in January, gun sales went even higher

According to the FBI’s National Instant Criminal Background Check (NCIS) data, 4.3 million firearm background checks were initiated in January. That’s the highest number on record, and up over 300,000 in comparison to December 2020. Three of the top 10 highest weeks are now from January 2021.

The National Shooting Sports Foundation’s adjusted background check figure of 2 million, reached by subtracting out background code permit checks and permit rechecks and checks on active concealed carry permits, was a jump from its adjusted figure of 1.1 million in January 2020.

One of the biggest reasons why people feel a need to be armed right now is because crime rates have been absolutely skyrocketing.

In particular, murder rates in our major cities rose by an average of 30 percent last year…

Murder rates in nearly three dozen American cities exploded in 2020, rising 30 percent over the previous year, resulting in 1,200 more deaths from murder last year when compared to 2019, according to a new study examining possible connections between crime, the coronavirus pandemic and protests against police brutality.

‘Homicide rates were higher during every month of 2020 relative to rates from the previous year. That said, rates increased significantly in June, well after the pandemic began, coinciding with the death of George Floyd and the mass protests that followed,’ states a report from the National Commission of COVID-19 and Criminal Justice (NCCCJ), titled Pandemic, Social unrest and Crime in US Cities.

We have never seen an increase of that magnitude from one year to the next, and the brutality of some of these murders has been off the charts.

For example, the recent murder of two women in California deeply shocked people all over the nation

A brother of up-and-coming rapper Uzzy Marcus was arrested in California following an eight-hour standoff with police and charged with murdering two women, whose lifeless bodies were captured in an Instagram Live video.

Raymond Weber, 29, was taken into custody by police in Vacaville at around 8.30am on Saturday and was then booked into the Solano County Jail on two counts of first-degree murder and multiple other felonies, including domestic assault.

In addition to the straight up crime we have been witnessing, endless political violence has also made some of our largest cities almost unlivable at this point.

I honestly do not know why anyone would want to live in downtown Portland or downtown Seattle now.  Of course conditions are not much better in the core areas of many of our other major metropolitan areas.

Meanwhile, our economy continues to be greatly shaken and recent volatility in the financial markets caused a massive run on physical silver

U.S. bullion broker Apmex warned of delays in processing silver transactions because of surging volumes.

Other U.S. dealers, including JM Bullion and SD Bullion, warned customers of shipping delays of five to 10 days. Everett Millman at Gainesville Coins in Florida said they were expecting shipping delays, perhaps until perhaps mid-March, for some products like Silver Eagles and Silver Maples.

Things have calmed down a bit after the craziness of the past few days, but people are going to continue voraciously buying silver.

Precious metals have been a safe haven all throughout human history, and that is especially true during highly inflationary times.

And as I have written about extensively, we are moving into very highly inflationary times.

In addition to gold and silver, Americans have also been feverishly stockpiling food

Wise Company estimated in 2018 that Americans were buying between $400 million and $450 million worth of emergency food supplies per year. And, while Wise declined to release any specific revenue figures, Eriksson tells CNBC Make It that the company saw its food sales surge by “probably five or six times” in 2020 amid the pandemic.

In the long run, I would argue that food is more important than guns or silver, because you can’t eat guns or silver when you are hungry.

And yes, things will eventually get that bad.

Most people don’t understand the specifics of what is coming, but what they do know is that they have a gnawing feeling deep inside that they can’t shake that really bad things are on the horizon.

I would strongly encourage you to use this current period of relative stability to get prepared for the very uncertain times that are ahead of us.

Everything that can be shaken will be shaken, and our society will soon be turned completely upside down.

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

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.  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)  By purchasing the books 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.  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 FacebookTwitter and Parler, 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.

40 Million Americans Already Don’t Have Enough Food To Eat – And Here Is Why It Will Soon Get A Lot Worse

The things that I am going to share with you in this article are definitely very alarming.  But if you live in a wealthy neighborhood and are always surrounded by other wealthy individuals that never have to worry about missing a meal, then some of the numbers in this article may not ring true to you.  Today, the gap between the wealthy and the poor in the United States is larger than ever, and many wealthy Americans don’t have too much sympathy for the struggles that other people are going through.  But the truth is that most Americans are currently living paycheck to paycheck.  And when you are living right on the edge financially, there are times when it can be really tough to even afford the basic necessities.  If you have never had to miss a meal involuntarily, good for you.  Unfortunately, there are millions upon millions of Americans for which hunger is a very real problem.

If you had to guess, what would you say if someone asked you how many Americans struggle with food insecurity each year?

According to a CBS News article that was published a few months ago, “roughly 4o million people” struggle with not having enough food to eat…

The U.S. economy is enjoying nearly a decade of expansion since the Great Recession. Yet food insecurity — a lack of money or resources to secure enough to eat — still grips almost one in eight Americans. That’s roughly 40 million people. While slowly improving, that figure remains stubbornly higher than before the recession, when more than one in 10 U.S. residents had difficulty knowing when and how they might eat next, according to data from the U.S. Department of Agriculture.

Hungry people live in every county in America, according to the latest annual research from nonprofit relief organization Feeding America. It compiled federal and other data for 2017, its ninth year examining the issue, for a report called Map the Meal Gap. Feeding America serves 4 billion meals each year for one in eight Americans through 200 food banks and 60,000 meal programs and pantries.

We should be incredibly thankful for Feeding America and their vast network of food banks and pantries, but what happens when the need for food dramatically escalates and the food banks start running empty?

Just a few days ago I heard from a good friend in the middle of the country, and she told me that her local food bank is really pressing hard for donations right now because things are starting to get really, really right.

And we haven’t even officially entered the next recession yet.

Normally there wouldn’t be too much reason for concern, but this has definitely not been a normal year.  Crops have been failing across the globe, and African swine fever is killing millions upon millions of pigs all over the planet.

In fact, thanks to the horrific outbreak of African swine fever in China, pork prices over there are 69.3 percent higher than they were a year ago…

Pork prices in China jumped 69.3% in September from a year ago as the country continued to battle a shortage of the meat that followed an outbreak of African swine fever.

Last month’s surge in pork prices was higher compared to the 46.7% increase seen in August, according to data from China’s National Bureau of Statistics. That pushed up food prices in China by 11.2% in September, accelerating from the previous month’s 10% gain.

If that sounds really bad to you, that is because it is really bad.

And what we have witnessed so far is just the beginning.

One of the big reasons why the Chinese just agreed to buy billions of dollars worth of our agricultural products is because they have a desperate need for them.

Here in the United States, food prices have also been rising steadily and we were already going to be facing one of the worst years for Midwest farmers ever, and now an unprecedented October blizzard is going to cause widespread crop failures.

An absolutely massive storm just dumped very deep snow from Colorado to Minnesota, and it hit just as farmers were getting ready to harvest their corn and soybeans.

As I noted in a different article that I just posted, one lawmaker in North Dakota is telling the press that we should expect “massive crop losses – as devastating as we’ve ever seen”.

Millions of acres of corn and soybeans are going to be “a total loss”, and that means that all of us will soon be facing higher food prices at the supermarket.

If you are independently wealthy and food prices don’t really matter to you, then you are in good shape.

But for the rest of us, these higher prices are going to be quite painful.  I would encourage you to stock up ahead of time (#ad) while you still can.

Earlier this year, I extensively documented the major problems that farmers in the Midwest were having with rain and flooding, and I warned that we were potentially facing a disastrous harvest season.

Well, now that this historic blizzard has wiped out millions of acres of crops, we are potentially facing a scenario that is far worse than anything that I originally warned about.

That means that soon far more than 40 million Americans will be dealing with food insecurity.  Much higher prices at the grocery store will make it much more difficult for most of us to afford the basic necessities, and those on the bottom rungs of the economic pyramid will suffer more than anyone else.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep.  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 in written form on their own websites as long as this “About the Author” section is included.  In order to comply with 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.  You can follow me on social media on Facebook and Twitter.  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 this website.

 

American Soil Is Being Globalized: Nearly 30 Million Acres Of U.S. Farmland Is Now Owned By Foreigners

All across America, U.S. farmland is being gobbled up by foreign interests.  So when we refer to “the heartland of America”, the truth is that vast stretches of that “heartland” is now owned by foreigners, and most Americans have no idea that this is happening.  These days, a lot of people are warning about the “globalization” of the world economy, but in reality our own soil is rapidly being “globalized”.  When farms are locally owned, the revenue that those farms take in tends to stay in local communities.  But with foreign-owned farms there is no guarantee that will happen.  And while there is plenty of food to go around this is not a major concern, but what happens when a food crisis erupts and these foreign-owned farms just keep sending their produce out of the country?  There are some very serious national security concerns here, and they really aren’t being addressed.  Instead, the amount of farmland owned by foreigners just continues to increase with each passing year.

Prior to seeing the headline to this article, how much U.S. farmland would you have guessed that foreigners now own?

Personally, I had no idea that foreigners now own nearly 30 million acres.  The following comes from NPR

American soil.

Those are two words that are commonly used to stir up patriotic feelings. They are also words that can’t be be taken for granted, because today nearly 30 million acres of U.S. farmland are held by foreign investors. That number has doubled in the past two decades, which is raising alarm bells in farming communities.

How did we allow this to happen?

And actually laws regarding land ownership vary greatly from state to state.  Some states have placed strict restrictions on foreign land ownership, while in other states it is “a free-for-all”

“Texas is kind of a free-for-all, so they don’t have a limit on how much land can be owned,” say’s Ohio Farm Bureau’s Ty Higgins, “You look at Iowa and they restrict it — no land in Iowa is owned by a foreign entity.”

Ohio, like Texas, also has no restrictions, and nearly half a million acres of prime farmland are held by foreign-owned entities. In the northwestern corner of the state, below Toledo, companies from the Netherlands alone have purchased 64,000 acres for wind farms.

But even in states where there are restrictions, foreign entities can get around that by simply buying large corporations that own land.

For example, when the Chinese purchased Smithfield Foods in 2013 they instantly gained control over 146,000 acres of prime farmland.  The following comes from Wikipedia

Smithfield Foods, Inc., is a meat-processing company based in Smithfield, Virginia, in the United States, and a wholly owned subsidiary of WH Group of China. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world.[4] In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to grow Smithfield’s pigs.[5] Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, and the United Kingdom.[6] Globally the company employed 50,200 in 2016 and reported an annual revenue of $14 billion.[2] Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was said in 2000 to be the world’s largest, processing 32,000 pigs a day.[7]

Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion, more than its market value.[8][9] It was the largest Chinese acquisition of an American company to date.[10] The acquisition of Smithfield’s 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland.[a]

Of course this hasn’t happened by accident.

The communist Chinese government has actually made the purchase of foreign agricultural assets a top national priority in recent years, and this has been reflected in a series of key documents

The strategy is reflected in encouragements to invest abroad by various documents and articles issued by Chinese leaders. For example, a series of annual “Number one documents” from China’s communist party authorities stating rural policy have contained increasingly specific strategies for investment. A general exhortation to invest in agriculture overseas, issued in 2007, was followed by an initial surge in overseas farming ventures. In 2010, authorities called for supportive policies to encourage investment abroad.

The 2014 document included a more specific mandate to create large grain-trading conglomerates, designed to give Chinese companies greater control over oilseed and grain imports. That was the same year COFCO acquired Nidera and Noble Agri, making COFCO one of the largest trading companies in the world based on value of assets. The 2015 document specifically called for policies to support facilities, equipment, and inputs for agricultural production in foreign countries. The 2017 document broadened the encouragement to include all types of agricultural conglomerates. The 2018 document repeated the general endorsement of overseas investment and instructions to create multinational grain-trading and agricultural conglomerates.

In the end, how much Chinese ownership of our farmland would we be comfortable with?

If they owned 20 percent of our farmland, would we be okay with that?

Well, what if that figure surged to 30 or 40 percent?

Would that still be okay?

We need to start asking these sorts of questions, because foreigners are buying up more of our farmland with each passing day, and this is a very real national security threat.

And after this absolutely disastrous year, thousands more U.S. farmers will be forced out of business and it is anticipated that more U.S. farmland will be up for sale than ever before.

I extensively discussed the problems that farmers in the middle of the country are currently having yesterday, and today I would like to share with you a portion of an email that a friend in Missouri just sent me…

I work for a farmer in West-Central Missouri who raises corn, soybeans, and cattle and to say it’s been a challenging Spring would be the understatement of the year!!! We managed to get some corn planted in April but it started to rain and rain and rain and we still have more corn to plant. My boss doesn’t like to plant corn after May 15 and here it is May 27 and we still are not done planting corn. With each late day that passes by the yield goes down so what do you do??? Do we start planting soybeans if or when it dries up even though the price of soybeans is at a record low or do we plant corn that has risen in price but will have a reduced yield??? From April 28 through today (May 27) we have had 10 inches of rain. One day we had 4.5 inches with roads and basements flooded. Last week we had rain 4 out of those 7 days!!! It’s raining again today as I write this!!! We need warm, sunshine, dry, windy days and we get mostly cool, cloudy, rainy days. Next Thursdays low is supposed to be 57!!! If the weather pattern doesn’t change I don’t see how we can ever get the soybeans planted and we have 1,300 acres to plant. There are large farmers in my area that don’t have anything planted.

This truly is a “perfect storm” for U.S. farmers, and many believe that what we have witnessed so far is just the beginning.

Farm bankruptcies are already at the highest level that we have seen since the last recession, and do we really want foreigners gobbling up even more of our farmland from farmers that are incredibly desperate to sell?

Our founders never intended for America to be for sale to the highest bidder, and hopefully more states will start passing laws that will make sure that U.S. farms stay in the hands of U.S. farmers.

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.

 

The Economic Collapse