Sunday, March 20, 2022

"Food Supply Chain Breakdown Push Prices To Skyrocket 500% As Global Starvation Plan Accelerates"

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"Food Supply Chain Breakdown Push Prices To 
Skyrocket 500% As Global Starvation Plan Accelerates"
by Epic Economist

"Are you ready for the coming food crisis yet? Because events are accelerating at a much faster speed than most people realize, and a global supply shock is about to trigger catastrophic levels of food insecurity all over the world. In America, food prices are already skyrocketing, and a perfect storm is threatening to dramatically collapse domestic food production, exacerbate shortages and push prices even higher in the coming months. Industry insiders are warning that U.S. consumers are going to spend 20% more on groceries this year, and many farmers are losing their motivation to plant new crops as fertilizer prices soar up to 500% in some states. All of this means that we experienced so far is just a hint of what is coming next. The facts we’re about to expose in this video are truly shocking, but the best thing we can do in times like these is to stay informed so that we can prepare for the challenges ahead.

Americans are suffering from the effects of the worst food inflation since the turn of the century. Farmers, economists, industry experts, and even the UN are warning that the U.S.-led sanctions imposed on the Russian economy in response to the offensive in Ukraine are going to result in devastating consequences for the entire planet. Given that Russia is also the biggest manufacturer of fertilizer in the world, and China a nation aligned with Russian interests and historically unfriendly to the United States and the West, is the second on that list, the outlook is not good at all for American farmers.

The situation is becoming so worrying that Bloomberg analyst Alexis Maxwell is calling it a ‘march to disaster’. The main problem is that without fertilizer farmland is significantly less productive. Industry experts estimate that the lack of fertilizer can collapse corn and wheat yields in the U.S. by more than 40%. And considering that prices are expected to go much higher, farmers will either have to plant without fertilizer or raise the prices of their products accordingly. But that increase can be much more acute than we imagine. "The cost of fertilizer is up as much as 500% in some areas," revealed Indiana Farm Bureau President Randy Kron. "It would be unbelievable if I hadn't seen it for myself as I priced fertilizer for our farm in southern Indiana. Fertilizer is a global commodity and can be influenced by multiple market factors, including the situation in Ukraine, and all of these are helping to drive up costs."

On top of that, we’re also struggling with soaring prices for gasoline and diesel, which are key for today’s mechanized farming and for delivering food to consumers. Even the UN is sounding the alarm over a “hunger hurricane,” that is already being felt in some parts of the globe. In the U.S. this will mean supply shortfalls and explosive prices. But elsewhere in the world, it will mean starvation. And our leaders are definitely not helping to ease the situation.

That’s probably why John Catsimatidis, the billionaire supermarket CEO is now advising Americans to stock up now because food inflation will only get much worse. “I’ve seen price increases coming through for the month of March. I’ve seen them coming through April and May,” said the CEO of New York City supermarket chain Gristedes, in an interview with FoxNews on Tuesday.

And with historic inflation, surging fuel prices, and shrinking food supplies, the U.S. is about to face an absolutely horrifying food crisis. But once again, those responsible are unlikely to be held accountable for their reckless actions. Actually, perhaps some of them will. After all, food shortages caused ravaging riots that led to the overturning of governments during the Arab Spring, and dissatisfaction with the U.S. government continues to grow, so maybe we should start preparing for some civil unrest, too.

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