Anyone that keeps an eye on the economy has written something about the cost of food these days….I know I have….

There are many explanations from the absurd to the sublime…..from it is all Biden’s fault to the price gouging of some (most all) food distributors…..all the words written have done little to curb the upper trajectory of prices…..some groups will give lip service to make us all feel better but little action comes.

I read another article that tries to explain this thorn in the consumers ass….

This piece is in Food & Wine…..

Back in 1993, political activist Jimmy McMillan coined the phrase, “The Rent is Too Damn High” while running for mayor of New York, and later, governor of the Empire State. Three decades later, consumers across the country are saying the same thing about rising grocery prices.

Federal statistics bear that out. Since the pandemic began, the Federal Reserve says grocery prices have risen 25%, leaving consumers — and even President Biden — fuming over food costs. And supermarkets and big box stores are scrambling to reverse that perception. 

In February, Walmart implied that consumers should expect to see lower prices. Doug McMillon, its president and chief executive, contended that certain items were lower than in 2023 — including eggs, apples, and deli snacks, although he acknowledged they remained higher for some products such as asparagus and blackberries. 

Meanwhile, global home furnishings and food giant Ikea says it is cutting prices on hundreds of items. In a December email, it told consumers to look for signs reading “New Lower Price,” which have begun appearing in stores. It’s also offering weekday dining specials to members of the Ikea Family program, with meatball dinners for $3 on Mondays, and 50% off entrées on Fridays. But, effective Feb. 1, Ikea eliminated the program’s 5% across-the-board discount, meaning members were paying more for some items.

https://www.foodandwine.com/usa-inflation-food-costs-8622334

Did this piece explain it for you?

Not so much for me….I still believe that instead of lip service from Biden and the Dems the president could do something besides talk….after all he is the president but that means little these days….he is president that owes lots of favors to special interests and agribusiness is one of this entities.

Prices will remain high and continue to go up as long as there is no backbone to change this thing in DC.

Sorry guys but I cannot eat politician’s words….I wish we could literal get them to eat their words.

Side Note:  A couple of days ago I wrote about the egg shortage in Europe and I asked how long will it take before we are told the same thing….apparently not long at all for this is the report I read today….

The largest producer of fresh eggs in the US said Tuesday it had temporarily halted production at a Texas plant after bird flu was found in chickens, and officials said the virus had also been detected at a poultry facility in Michigan, the AP reports. Cal-Maine Foods, based in Ridgeland, Mississippi, said in a statement that approximately 1.6 million laying hens and 337,000 pullets, about 3.6% of its total flock, were destroyed after the infection, avian influenza, was found at a facility in Parmer County, Texas.

“The Company continues to work closely with federal, state and local government officials and focused industry groups to mitigate the risk of future outbreaks and effectively manage the response,” the statement said. “Cal-Maine Foods is working to secure production from other facilities to minimize disruption to its customers.” Cal-Maine said it sells most of its eggs in the Southwestern, Southeastern, Midwestern, and mid-Atlantic regions of the United States. The company said there is no known bird flu risk associated with eggs that are currently in the market and no eggs have been recalled.

Here we go once again!

I Read, I Write, You Know

“lego ergo scribo”