Hopefully everyone has done their preparatory diligence and are well situated to assist their family, because prices on fast turn consumable goods (groceries) are now less than 30 days from entering exponential increase phase. CTH has been counting down the days to impact as the contract terms of 30, 60 and 90 days have begun expiring.
The Wall Street Journal has seen the first pricing notification memo from Kraft-Heinz food group to the buying offices of major U.S. retailers. Here’s how the WSJ presents it: “Kraft Heinz Co. told retailer customers that it would raise prices across many of its products including Jell-O pudding and Grey Poupon mustard, with some items going up as much as 20%, according to a memo viewed by The Wall Street Journal.” VIDEO:
Keep in mind a few points:
(1) The outlined price increases noted are against current price terms and contracts. Meaning, these are price increases from right now to the next fulfillment. These are not inflation price increases which are compared to a year ago. These are 5% to 20% increases from the current price right now.
(2) The price increases are not the final price increase. This is the price of a contract today from the field to the distribution center. The retailer also has additional price increases (transportation, energy, labor, etc) which they need to add to the wholesale price before you see the final price at retail (grocery store).
The final field to fork price is not yet known but will be higher than noted above. We are only seeing the notifications from field, through processing and into warehousing and distribution.
To defend the administrative state, the media -incapable of admitting what is transparently obvious- now need to reconcile the CDC quarantine changes through the false prism of public health.
After the White House tried the Omicron “winter of death” narrative, they suddenly realized what some (including myself) had mentioned earlier. When you require something, you are by nature of that requirement taking ownership of the outcome.


