Hopefully this does not come as a surprise to readers here; however, according to analysis by industry insiders, Chicken prices are likely to increase by 70% this year once the full price increases in grain, used as feed, start to take hold. Overall, we will likely see a leveling off in beef prices, but pork (due to soybeans) and chicken (due to grain) will increase significantly.
The issue is one we noted in December of last year when identifying the downstream consequences of fertilizer and component products used for the production of corn, wheat and soybeans crops. “You might say those crops do not seem like they are that important. However, keep in mind that Corn, Wheat and Soybeans represent the baseline for not only grain production in the U.S, but they are also the primary feed products for proteins: chicken, pork and beef.” {Go Deep}

(Fox Business) – Evercore ISI issued a protein inflation note this week projecting that most protein prices are forecasted to increase “substantially” due to the higher feed costs, with chicken breast reaching as high as 70% year-over-year in the first half of 2022. The analysis said pork and ground beef could climb as high as 20% year-over-year during the same period. (more)
Officially known as the Title-42 border control effort, the prior CDC determination that blocked cross border travel based on the COVID-19 pandemic, the restriction will be removed effective May 23rd. There are millions of global migrants backed-up below the southern U.S. border awaiting the change.
The article would normally be embarrassing for the same media outlet that has criticized their political opposition as “right-wing extremists” and “Nazis”; however, given the nature of CNN needing to promote the interests of the U.S. State Department, it is not surprising.
As we have outlined, this is ultimately the counter strategic goal of Russia and Putin’s economic allies. It’s a feature, not a flaw, in the process that Joe Biden has triggered.
The White House occupant took to the literal stage today to gaslight the American people and state it is not his energy policy that has created massive increases in gas prices. Instead, chief of staff Ron Klain has convinced the puppet to claim Vladimir Putin is to blame for the increase in oil costs.
Investment groups are purchasing hard asset real estate, which continues to keep upward pressure on home values. However, ordinary Americans are no longer able to afford upgrade or starter home purchases.