https://www.wnd.com/2022/10/grocery-prices-explode-biden-now-forecast-get-even-worse/

(Photo by Joe Kovacs)

WND is now on Trump’s Truth Social! Follow us @WNDNews

Grocery prices under Joe Biden’s economic policies have exploded over the last year, with meat and poultry up 13% or more, fruit up nearly 11%, baked goods up about 8%. Average food inflation across the board has run, by some estimates, about 12%.

CNBC reported oranges were up 14.3%, ground beef 13.6%, margarine 11.4%, milk 11.2%, and a separate assessment documented poultry up 20%, eggs up 43% and dairy overall up 16%.

That means for consumers with families, the $200 weekly grocery tab under President Trump now is about $225, or $235, or more. Or at least $1,200 more a year for the same groceries as the year before.

TRENDING: Fentanyl crisis rattles Dems ahead of election

And it’s about to get worse.

That’s the word from an agriculture researcher who was interviewed by the Center Square.

Ben Brown, a research associate for the Food and Agricultural Policy Research Institute, told the publication, “This isn’t a message I like talking about. Most likely, the path forward is going to be a period of high prices and low or relatively low economic growth. It’s the same thing we had in the 1970s. It’s going to cause economic pain, there’s no doubt about it. And it tends to last long.”

A significant contributor is the assault on the farm economy under Biden’s policies.

For example, farmers were paying up to 300% more for fertilizer during 2021, and saw huge increases in the costs of fuel for machinery, all linked to Biden’s all-out war on American fossil fuels production.

Then there’s the general instability in world markets that are impacted by the economic turmoil in Europe, at least partly worsened by the surging costs for natural gas.

“I find myself talking to more people these days who are curious about what it costs to start a farm,” Brown told the Center Square. “It’s a whole different conversation when you start talking about a farmer’s operating budget. I don’t think many people understand how farmers deal with big cash flow numbers.”

Then exports also impact markets, he pointed out.

“We’re in a period where we’re likely going to experience high food prices, not just the raw products from the farm,” Brown told the publication. “If you’re growing corn and that corn is fed to cattle, you’ll see high meat prices at the store. Labor costs continue to increase along with trucks and gasoline to transport the product. Then add the increased price for packaging of products.”

He called the situation a “perfect storm” for high grocery prices, noting the government already has boosted its allowance for families in the Supplemental Nutrition Assistance Program.

EDITOR’S NOTE: Leftwing billionaire George Soros bankrolls everything evil – most recently the 75 pro-criminal “Soros district attorneys” who have transformed America’s most dynamic cities into degraded, crime-infested hellscapes of skyrocketing violent crime. Soros also funds drug legalization, euthanasia, open borders, globalism, Black Lives Matter, “defunding the police,” devaluing America’s currency and destroying her sovereignty. But why?

Whistleblower magazine reveals and explores the stunning truth: Soros, an atheist, literally says he’s “some kind of god,” obsessed with re-creating the world in his image. Here are a few actual quotes from Soros: “If truth be known, I carried some rather potent messianic fantasies with me from childhood…” “It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” “You know, in my personal capacity I’m not actually a selfless philanthropic person. I’ve very much self-centered.” “I am kind of a nut who wants to have an impact.” “Next to my fantasies about being God, I also have very strong fantasies of being mad. … I have a lot of madness in my family. So far I have escaped it.”

Except he hasn’t “escaped it.” Not only is Soros totally mad, but he’s imposing his insanity on America. See Soros and the leftwing world he has created and funded as never before in “THE BILLIONAIRE WHO THINKS HE’S ‘GOD’: Why George Soros is obsessed with destroying America.”

For 25 years, WND has boldly brought you the news that really matters. If you appreciate our Christian journalists and their uniquely truthful reporting and analysis, please help us by becoming a WND Insider!

Content created by the WND News Center is available for re-publication without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected].

SUPPORT TRUTHFUL JOURNALISM. MAKE A DONATION TO THE NONPROFIT WND NEWS CENTER. THANK YOU!

You Might Like
Learn more about RevenueStripe...