Posts Tagged ‘Plandemic: US Food Banks Warn Soaring Prices’

Mission of Us Food Banks Who Are Spending a Lot More on Food Than Ever Before… US Meat Prices To Remain Elevated Amid Depleted Reserves Beef, pork, and chicken in US cold storage warehouses have yet to recover from pandemic lows and could continue to support higher prices.  New United States Department of Agriculture (USDA) data shows beef reserves dropped 7.7% from a year ago in August, poultry supplies fell 20%, and pork plunged 44% to their lowest levels since 2017, according to Bloomberg.  Jim Sullivan, commercial director for Stable USA, said low meat inventories would suggest meat prices will stay elevated. “Prices remain very elevated compared to seasonal expectations,” Sullivan said.  Soaring supermarket prices have been on the radar of the Biden administration as working-poor families allocate a high percentage of their incomes to basic and essential items. Higher food inflation…