Grocery store and food industry price shock strikes again.
Worryingly, the nation’s top bank has published an analysis that backs up my warnings at the beginning of March: a worldwide food shortage and famine will occur in 2027 as a result of war and terrible weather.
According to the report “Food Security Is National Security: A Compounding Storm” written by Nora Szentivanyi, an economist based in London, disruptions in the Strait of Hormuz and the possibility of a historic El Niño could hinder agricultural production, reduce crop yields, and raise food inflation in the first half of 2027.
Other nations will bear the brunt of rising food costs while the United States, Canada, and Europe may be forced to make cuts. Think about the migratory storm that will happen as people from the Third World go to places that are richer and have more food.
As a result of “compounding shocks since COVID,” food production capacity has been eroded and food price pressures will remain elevated beyond 2027, according to Szentivanyi’s warning. There will be lasting effects from this shock; disinflation is less likely in the near future, and pressure from the food inflation cycle will continue into the first half of the year.
A food disaster study from JP Morgan Chase recently become popular online.
In the morning, more people will wake up and start stockpiling. With more demand coming in, prices will rise faster than they otherwise would have if people hadn’t been shocked into reality by a major institution like JP Morgan Chase and the accompanying media attention.
If you are in a position to do so, stock up now before the cost of doing so becomes prohibitive. If you’re unable to purchase in bulk, simply pick up an additional can or two at the supermarket. That should be more than enough to ease the financial burden by next year.
Farmers may have to cut back on their fertilizer use, switch crops, or pay more if the commodity becomes scarce or expensive. Following harvest, food prices would rise and supplies would decrease under each scenario.
“Rising fertilizer prices could lift global food inflation temporarily to 4-5%,” cautioned Szentivanyi, who wrote the analysis for JP Morgan. Months later, in 2027, she still anticipates the worst impact on food prices.
Another inflation shock is on the way for Americans who are already struggling with fuel, diesel, and food price spikes.
Food shortages: why JP Morgan is worried
Two essential fertilizer components for staple crops, urea (42% global export) and ammonia (27% global export), are produced in the Middle East, as reported by MoneyWise.
Because of the crisis in Iran and the blockage of the Strait of Hormuz, these supplies have been impacted. Due to the 25% to 50% spike in nitrogen fertilizer costs between late February and April, JP Morgan anticipates that markets will continue to be tight until the middle of 2026.
While planting crops, nitrogen fertilizer is essential, but strategic supplies are limited. According to JP Morgan, repairing damaged fertilizer industries might take four years and fixing natural gas facilities could take five.
Russia and Ukraine’s conflict has a multiplicative effect on grain supplies. In the first two weeks of August, agricultural exports from Ukraine fell 75% year over year due to the Russian airstrikes that nearly stopped Black Sea shipping. Russia relies on Ukraine for 6% of its wheat and 11% of its maize.
The Novorossiysk port’s main grain terminals were shuttered due to Ukrainian attacks. Russia had the highest wheat export in 2024, at $9.2 billion.
With Trump’s threats and Iran’s vows of further aggressiveness, the war between the two countries is going to worsen.
There will be a resumption of hostilities once the 60-day U.S.-Israel-Iran War MOU ends.
Oman was warned by President Trump today, August 17, that it would be attacked if it “gets in the way” of talks with Iran.
Former Georgia congresswoman Marjorie Taylor Greene spilled the beans in a lengthy post on X over the weekend, claiming to have insider sources who indicate Trump has considered using nuclear weapons against Iran.
Greene resigned from her post as a congresswoman for Georgia when Trump threatened to pit one of his associates against her in the primary race. Prior to this, she was a devoted supporter of Trump.
According to Greene’s Sunday piece on X, the White House’s nuclear discussions have progressed further than the public war rhetoric would have one believe.
Trump and senior advisers are allegedly “discussing using nuclear weapons on Iran in strategy meetings,” according to Greene.
Several times, including on August 5, I have cautioned that the conflict with Iran might escalate to a nuclear front. The region and beyond might be radiated by this, perhaps destroying food crops for at least ten years.
The only way for Trump to win a regional conflict with an opponent like Iran, who rejected his gunboat diplomacy, would be to utilize nuclear weapons, in my opinion. In my opinion, Trump’s decision will hasten the collapse of the American-led world order that emerged after World War II.
To back up Greene’s allegations, the Pentagon revised its nuclear policy this week to allow the deployment of shorter-range tactical nuclear weapons as a first strike in regional conflicts.
Regularly, Iranian officials have made it clear that they are fed up with the unreliability of the U.S. peace negotiators. Resumption of talks will be delayed until a new president takes office, they stated.
Reuters reported on August 17 that Iranian military leaders had opted for a “fully offensive” stance in response to U.S. and Israeli airstrikes, rather than a defensive one.
Already a world steeped in confusion and uncertainty, this just makes things worse. That Trump, a recognized agent of disruption who would reverse U.S. policy and military doctrine, was granted a second term lends credence to my theory. First, the globalist power elites must bring down the current system. Only then can they launch their much-anticipated digital reset. Rump is helping them a lot.
