Food price inflation up 4th month in a row

[Old G]

Food prices world wide are up Some drastically so. Year over year prices are way up. Some commodities are up as much as 40% in a year.

Global food inflation continues to rise for the fourth consecutive month in November, reaching levels not seen in a decade, led mainly by robust demand for wheat and dairy products, according to a new report via the Food and Agriculture Organization of the United Nations (FAO).

FAO Food Price Index | Food and Agriculture Organization of the United Nations

FAO Food Price Index

www.fao.org

We need Trump back

 

[sparky]

We need Trump back

was he recently seen in the grocery store checkout lamenting food $$$'s ?

~S~

 

[Gabe Lackmann]

Of course no one could see this coming.

Coronavirus Forces Farmers to Destroy Their Crops

As demand evaporates amid the coronavirus pandemic, American farmers are dumping milk, throwing out eggs and plowing under healthy crops.

www.wsj.com

Millions of farm animals culled as US food supply chain chokes up

US government vets said to be ready to assist with culls, or ‘depopulation’ of pigs, chickens and cattle because of coronavirus meat plant closures

www.theguardian.com

 

[Votto]

Food prices world wide are up Some drastically so. Year over year prices are way up. Some commodities are up as much as 40% in a year.

Global food inflation continues to rise for the fourth consecutive month in November, reaching levels not seen in a decade, led mainly by robust demand for wheat and dairy products, according to a new report via the Food and Agriculture Organization of the United Nations (FAO).

FAO Food Price Index | Food and Agriculture Organization of the United Nations

FAO Food Price Index

www.fao.org

We need Trump back

Inflation is the cruelest for the poor, a tax that cannot be repealed.

But the higher it goes, the more poor there will become

Then we will need government to feed us.

That is the goal.

 

[Old G]

Inflation is the cruelest for the poor, a tax that cannot be repealed.

But the higher it goes, the more poor there will become

Then we will need government to feed us.

That is the goal.

Agreed