Epic Economist Farm || Food Shortages Will Get A Lot Worse As Fears Of A Dark Winter

2 years ago
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The pain never stops. If you think that the empty shelves we're seeing are quite distressing and that food prices are extremely expensive right now, just wait until the winter begins. The food crisis that is unfolding before our eyes is getting worse by the day. Global food supplies were already tight in the past few years, but the food that wasn't produced in 2022 means that we're going to be hit by even harder challenges in the next few months. At this point, worldwide fertilizer prices have quadrupled, several countries started banning exports of essential commodities, tens of millions of chickens and turkeys have disappeared from the system, our domestic beef cattle herd has dramatically shrunk, and crazy weather patterns have resulted in the destruction of millions of acres of crops all over the planet.
While rich countries will continue to face shortages and higher food prices, in more vulnerable countries, people are going to get desperate. "Fields are not being planted," emphasized Theo de Jager, the president of the World Farmers' Organisation. "I"m not so sure it's possible to avoid a food crisis. Farmers need peace," de Jager said.
We haven’t even seen the worst of food shortages and price increases yet, but America’s food banks are already reaching a breaking point. All over the country, food banks are struggling to keep up with the increased demand they’re experiencing. Feeding America, one of the nation’s largest charities, with over 200 food banks and 60,000 food pantries, reported 85 percent of their food banks saw increased demand for food assistance. Their President and Chief Operating Officer Katie Fitzgerald says the organization is already dipping into emergency reserves, switching to cheaper products, limiting how often people can visit or how much food they can get, and "stretching their inventory to be able to meet more people's needs.
"Our experience is that this rise in food and fuel costs are creating just as precarious a situation for people who are trying to feed their families as was the case during the pandemic. Inflation is devastating to the budgets of families, seniors, and people just barely getting by, driving more and more of them to food banks and food pantries,” Fitzgerald says. “The problem we’re seeing is that food banks are not immune to these inflationary pressures. So, while they’re dealing with longer lines at distributions, they face soaring costs and other challenges to their operations,” she added. A Feeding America survey found that inflation and supply chain issues are greatly affecting food banks, with 70% of their members reporting donations of food have decreased while operating costs have risen 95%.
This is a confluence of many disasters hitting our food supply chains all at once, and the most worrying part is that experts say we haven't seen the worst of it yet. This winter is going to be exceedingly difficult for all of us. In this video, we compiled signs that show us just how bad things are about to get.

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