Satan Soldier Biden’s New Plan To Tackle Rising Food Prices — Hide in His Basement

Food Shortages Are Here Cargill CEO Ditches ‘Team Transitory’, Warns Of Persistent Food Inflation – Cargill Care About Cargill’s Bottom Line, NOT Humanity Ability to Feed Their Families Cargill CEO David MacLennan has changed his mind about “transitory” inflation and now believes it will be more persistent with higher food prices in 2022. He blamed elevated food prices on snarled supply chains, labor shortages, and adverse weather conditions, among other things. MacLennan highlighted that labor shortages are a significant challenge for the food industry. He said food processing plants across the country operate at less than full capacity, which drives down food output and prices higher as demand remains robust. “I thought inflation in ags and food was transitory. I feel less so now because of continued shortages in labor markets,” MacLennan said during an interview at the Bloomberg New Economy Forum in…

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It’s Getting More Expensive to Eat, and Economists Are Worried

Food prices are climbing fast in the world’s biggest emerging markets, posing a possible inflation threat after months of dormant pressures… Asia’s two largest developing economies face a price surge for staple products — pork in China and onions in India — that are central to consumers’ diets. In Turkey and Nigeria, supply problems are driving up costs, while United Nations data show global food prices rose at the fastest pace in October in more than two years. While the spike is painful for poorer consumers, it hasn’t reached a level to convince central banks to pull the brake on policy easing, as they remain focused on boosting economic growth amid a global slowdown. Average inflation across emerging markets is still at an all-time low, according to a Bloomberg gauge of consumer price indexes. “We think it’s likely they would look through food inflation that is…

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