When I think of summer, I think of all the time spent with family and friends around the grill, watching baseball and softball games, and cooling off by the lake. And one of my favorite activities each summer is getting my family together on the 4th of July to celebrate our nation. We love to have a barbecue with lots of smoked meat, hamburgers, sweet corn, homemade side dishes and, of course, an apple pie. And like most Americans, we will pay more for our celebration this year.
Every year, the American Farm Bureau, with the help of volunteer shoppers across the country, calculates the average cost of a July 4th barbecue. This year, it will cost about $70 to feed ten people. This represents a 17% increase from a year ago. Inflation, ongoing supply chain disruptions and the war in Ukraine are contributing to the substantial rise in food prices.
While the cost per person remains relatively low at $7 per person, the rising cost of food and supplies is a real concern here in the United States and around the world. We were lucky enough to enjoy the safest and most affordable food supply in the world. We are also blessed to live in a country with a strong network of food banks and programs to help those in need. This network is strong because of the generosity of local communities and the spirit of giving back that marks our country. But for millions of people around the world, rising food costs and diminishing availability can drive children to bed hungry and even go hungry.
While the cost per person remains relatively low at $7 per person, the rising cost of food and supplies is a real concern here in the United States and around the world.
One of the most significant increases over last year was the cost of two pounds of ground beef, up 36% over last year. While prices are on the rise, USDA data shows that what farmers earn for livestock has dropped by 14%. (I know this firsthand.) So while consumers are paying more, farmers aren’t necessarily making extra money. And, on average, farmers get about 8% of every dollar Americans spend on food. The other 92% cover everything from food processing to shipping and marketing.
On the farm, the cost of supplies has increased dramatically. While some farmers may be getting bigger checks, fuel prices have doubled and fertilizer prices have tripled, meaning farmers are making less money. For other farmers, the size of the check has not changed or decreased, even as their costs continue to rise.
A resilient food supply is critical to our national security. We continue to work to alleviate supply chain disruptions to reduce costs for American farmers, ranchers, and ultimately, consumers. Congress recently passed new reforms for the shipping industry that should help alleviate bottlenecks in our ports. And we continue advocating reforms in rail transport as well. Increasing delays on our rail lines increase the cost of agricultural inputs and food on supermarket shelves.
Nor are we immune to the effects of global disruption. The war in Ukraine is having a significant impact on the availability of food and fertilizer. Before the war, Ukraine and Russia supplied 14% of the world’s wheat and 28% of the world’s fertilizer. Now, Russia is blocking Ukraine’s exports and restricting its own exports, severely limiting the availability of fertilizers and contributing to rising food costs. It could take years for these markets to return to normal, if at all. The ripple effects of this disruption serve as a powerful lesson in the importance of stable and productive agriculture.
Despite the challenges, farmers and ranchers across the United States continue to work hard every day to grow the food we need to support our families. We are proud to do our part to provide safe and healthy food to Americans and families around the world. Even with the added cost, my family still plans to fire up the grill this Independence Day. We are fortunate in many ways and we don’t take that for granted. We have enough food to eat, family to share, and freedom to pursue our dreams because we are blessed to live in the enduring experiment in democracy that is the United States of America.
Zippy Duvall
Presidenttwitter.com/@ZippyDuvall
Why is inflation high right now?
Vincent “Zippy” Duvall, a poultry, cattle and hay producer from Greene County, Georgia, is the 12th president of the American Farm Bureau Federation.
Inflation is rising across the world, with food and energy prices reaching record levels. Read also : A food packaging system reduces health risks and saves food. The increase was largely driven by pent-up consumer demand following the pandemic and Russian invasion of Ukraine.
What are 3 reasons we have inflation?
How high is inflation now?
Why is inflation so high 2022?
There are three main causes of inflation: demand inflation, cost inflation, and built-in inflation. Read also : Fisher-Price Plastic Food Gives Children Unrealistic Expectations That There Will Be Enough Food. Demand inflation refers to situations where not enough products or services are being produced to keep up with demand, causing their prices to increase.
Will there be food shortages in 2022?
Energy and food costs are raging, hitting general inflation. To see also : Uncertainty in real estate is inevitable. Use these tips to keep going. June 10, 2022, at 8:59 am, inflation worsened in May, rising much more than expected due to rising food, rent and energy costs, the Bureau of Labor Statistics reported Friday.
Food shortages continued into 2022, giving us flashbacks to 2020, when Covid-related supply disruptions meant consumers and retailers couldn’t get their hands on a wide range of products, including toilet paper. This time, it’s lack of lettuce and pepper.
- How to prepare for the 2022 food shortage? The more we can encourage and share this wisdom with those around us, the better off we are as a whole.
- #1 Don’t panic, buy, buy two instead.
- #2 Grow a garden.
- #3 Shop locally.
- #4 Make sure you are prepared with more than just food.
- #5 Learn preservation skills.
Will there be famine in 2022?
#6 Buy in bulk and buy whole grains for long-term storage.
Is there going to be a food shortage in 2022?
Further deterioration is projected through 2022, including places with catastrophic food insecurity. There are risks of famine in Yemen, Somalia, South Sudan and Afghanistan. FAO has stepped up its efforts to strengthen agrifood systems, save lives and protect the agricultural livelihoods of the world’s most vulnerable.
Are there food shortages coming?
It looks like food shortages continued into 2022. That’s what could be causing the problem. After some signs of a slow, cautious return to pre-pandemic normalcy last year, 2022 is looking remarkably like the fall of 2020 — and that means grocery store supply problems.
What are the 3 main causes of inflation?
With food prices continuing to rise, the UN warns of crippling global shortages: NPR. With food prices continuing to rise, the UN warns of a crippling global shortage. Fears of a global food crisis are growing because of the shock of the war in Ukraine, climate change and rising inflation.
What causes inflation? There are three main causes of inflation: demand inflation, cost inflation, and built-in inflation.
What three things cause inflation?
What are the 3 main types of inflation? The three types of inflation are Demand-Pull, Cost-Push and built-in inflation. Demand-pull Inflation: Occurs when the demand for goods or services is greater when compared to production capacity. The difference between demand and supply (shortage) results in price appreciation.
