I was grabbing a can of soup for lunch recently and was immediately struck by how much smaller it was compared to the cans we were buying a few months ago.
Food packaging is shrinking and prices are going higher.
And according to a recent report by the US Bureau of Labor Statistics, food price increases have set a 40-year-record in America.
The Daily Caller provides the details:
Food prices have increased every month of 2022, with each month since February breaking 40-year records, according to data from the Bureau of Labor Statistics (BLS). […]
Cereal and other bakery products cost 16.4% more year-over-year, while dairy products rose 16.2% year-on-year, according to the BLS August report. Chicken was up 16.6%, ham and pork were up 9.2% and 6.8% respectively, while beef was an exception, increasing only 2.5%.
Butter was up 24.6%, while peanut butter was up 15.2% year-on-year, according to the BLS. Packaged foods also saw significant price hikes, with frozen food increasing 18.5% year-on-year, snacks increasing 16.7% year-on-year, and spices, seasonings, condiments and sauces increasing 15.4% year-on-year.
Meanwhile, our woke politicians, who have lost all contact with reality, believe the best way to reduce food shortages is by reducing the size of farms and preventing farmers from using fertilizers on their crops. READ: Farmers Protest, Riot Over Holland’s War on Livestock Farming to Protect Environment from Nitrogen Pollution AND Trudeau pushes ahead on fertilizer reduction as provinces and farmers cry foul