Food Inflation

This Is Not “Normal”: There Have Been More Than 500 Tornadoes In The U.S. During The Last 30 Days

The mainstream media has been using the term “uncharted territory” to describe the unusual tornado outbreaks that have been happening in the middle of the country, but I don’t think that truly captures the historic nature of what we are witnessing.  Over the last 30 days, there have been more than 500 tornadoes in the United States.  That is not normal.  In fact, Tuesday was the 12th day in a row when at least eight tornadoes were spawned, and that is a new all-time record.  Community after community in the Midwest now looks like a “war zone”, and billions upon billions of dollars of damage has already been done.  But this crisis is far from over, because forecasters are telling us that more powerful storms will roar through the middle of the country on Wednesday. (Read More...)

It Is Being Projected That U.S. Consumers Will “Pay 40% To 85% More For Vine-Ripe And Other Fresh Tomatoes” By The End Of 2019

It has been quite a year.  In March, catastrophic flooding in the Midwest absolutely crippled thousands of farms and “as many as a million calves” were lost in Nebraska alone.  Then in April we learned that African Swine Fever has wiped out “150-200 million pigs” in China.  To put that in perspective, that is more pigs than the entire U.S. pork industry produces in an entire year.  And now on top of everything else, the price of fresh tomatoes is about to go skyrocketing.  But this time a natural disaster is not to blame.  Instead, it is an action by the federal government that is going to cause us to pay much more for tomatoes at the supermarket.  The following comes from USA Today… (Read More...)

Record Setting Flooding In The Heartland: “The Mississippi River Has Been At Major Flood Stage For 41 Days And Counting”

Thousands of farmers in the Midwest have been waiting for a very long time for floodwaters to recede so that they can finally plant some crops, but instead more rain just keeps on coming.  As you will see below, it is being reported that the Mississippi River has now been at major flood stage for 41 days in a row, and a lot more rain is coming this week.  Meteorologists are warning us that major flooding may extend into June, and that means that many farmers will not be able to plant crops at all this year.  Unfortunately, as global weather patterns continue to shift many believe that what we are witnessing this year may become the “new normal” along the Mississippi River. (Read More...)

30 Inches Of Snow! Another Bomb Cyclone “Detonates” Over The Midwest, And The NOAA Is Warning Flooding Could Extend Into July

We aren’t supposed to have a major blizzard in April.  Less than a month after a “bomb cyclone” caused apocalyptic flooding in the central part of the country, another “bomb cyclone” is hitting the exact same area.  One meteorologist has called it “a life-threatening storm”, and at this moment over four million people are under blizzard warnings.  South Dakota, Minnesota, Nebraska and Kansas are going to get absolutely hammered before the storm finally moves east on Friday.  The authorities are warning that this new “bomb cyclone” will cause additional flooding in the region, but at this point we do not know how bad that flooding will be. (Read More...)

100s Of Millions Of Dollars In Crops Destroyed By Flooding, And Farmers Are Being Told “There’s Nothing The U.S. Government Can Do To Help”

This is the worst economic disaster for U.S. farmers in modern American history.  Our ongoing trade war with China had greatly depressed prices for wheat, corn and soybeans, and so farmers were storing more crops on their farms than ever before in early 2019.  And then the floods came.  The water moved so fast that the vast majority of the farmers in the affected areas could not have moved what they had stored even if they wanted to, and the scale of the losses that these farmers have suffered is starting to become clearer.  According to UPI, “hundreds of millions of dollars in crops” that were destroyed by the flooding were not covered by insurance… (Read More...)