Last year, when CTH discussed the original Kraft-Heinz wholesale notification for January 2022, we warned it was only the first round.  The reason for waves of price increases is specifically, because each of the processed food categories is impacted differently depending on the amount of processing involved.  Each category is different.

This understanding is why we warned everyone in October of last year to make as much preparation as possible for waves of food inflation.  The original notification for contracted terms in 30, 60 and 90 days was +20%.  Meaning this month, on those group and sectors, prices to retailers went up by 20%, and you are seeing that in the supermarket now.

For the next wave, Kraft-Heinz is telling wholesalers the fulfillment shipments arriving in March will be up to +30% on the next categories.  Oscar Mayer proteins will be the biggest increase at the top end (+30%), Maxwell House coffee on the lower end (+5-10%) and the juice and drink category around +20%.  [A $5 beverage pack will cost $6 in a few short weeks.]

The processing sector is still dealing with cumulative cost increases.  The fulfillment terms are still catching up with the increased costs.  These announcements are ON TOP OF the current price increases we are feeling.  We are entering hyper-inflation.

If you look at the notification timing from Kraft foods, January 24th, you will see the categories we predicted to come next are the exact categories being outlined in this wave.

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As the Canadian ‘Freedom Convoy’ of truckers pushing back against COVID mandates, forced vaccinations and government regulations gets closer to Ottawa, Prime Minister Justin Trudeau announces he will be isolating at home after exposure to the COVID ‘Protest Avoidance‘ variant.

Trudeau admits he has not tested positive, but thinks it is prudent to stay home just in case.

The fundraiser for the Freedom Convoy now exceeds $6.3 million dollars and still climbing.  It is estimated that somewhere north of 50,000 vehicles are participating in the convoy.  The Canadian government is very concerned about the political ramifications.

Canada-Unity Site Here ~ Rebel News Site Here ~ Facebook Group Here

(Via Global News) – […] Truckers and supportive protesters are heading to Ottawa from east and west parts of the country, as well as from southern Ontario where routes were scheduled to depart from several locations Thursday including Windsor, Sarnia, Niagara and Toronto, according to the organizers’ website.

[…]  Among the topics at-issue for demonstrators is the Canadian government’s COVID-19 vaccine mandate for cross-border truckers to avoid quarantine.

Mike Fabinski, a truck driver from Barrie, Ont., said the vaccine mandate for cross-border truckers means he won’t be able to work cross-border routes anymore.  “You want to be vaccinated, go ahead, your choice. I don’t want to be vaccinated, that’s my choice,” he said.

[…]  The protest also now seems to be targeting COVID-related mandates generally, beyond the one for cross-border truckers.

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We have been tracking the issue of U.S. port congestion, supply chain crises and the White House supply chain initiatives since they first surfaced last fall.  We finally have full data to review, and what we see is very disturbing.  Not only was the White House supply chain effort a fraud, but they also manipulated the port system to give a false impression of the U.S. economy.

Let’s start with the latest issue.

For several weeks, we have been trying to figure out why the Port of Los Angeles (POLA), our nation’s busiest and most valuable port, had delayed their reporting for December.

Normally they update their container statistics and port efficiency/productivity results between the 10th and 15th of the month.  However, this month the data was delayed by several weeks.

When we finally grew frustrated and asked the POLA about this ridiculous delay, they responded January 25th, saying: “Good morning. Data from one vessel has delayed final numbers. We plan on releasing numbers today or tomorrow.”

The POLA justification and timing seemed odd, and their explanation seemed fishy.  One container ship manages to delay the entire POLA result?  However, this morning after checking and seeing still no result we realized what was going on.

The Bureau of Economic Analysis released the U.S. 4th Quarter GDP result (link).  The value of imported goods is a deduction to the U.S. GDP.  If the biggest port in the U.S. holds back their import cargo data, the resulting information cannot be deducted from the GDP.  Missing data gives an artificial outlook for the GDP.  Put another way, the 4th quarter GDP is inflated by the missing deduction.

From the position of the Biden administration, there is a perverse economic motive to keep all those import cargo ships from arriving.

Would the Port of Los Angeles intentionally hold back data in order to help the White House give a false and more optimistic impression of the U.S. economy?  At first blush it might seem a stretch, but then – as if on cue – a few hours after the BEA made the public release, suddenly the Port of Los Angeles released their December data.  In politics timing is never coincidental.

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The Bureau of Economic Analysis released the Fourth Quarter GDP (Q4) data today [DATA HERE], and the White House will likely spin a victory message.  However, the real economic picture is covered by the continued storm of inflation.

Gross Domestic Product (GDP) is the dollar value of all goods and services produced in the economy, minus the dollar value of goods and services we import.  The percentages discussed are percentages of change over time.

The fourth quarter result was an increase of 6.9 percent over the prior quarter.

The total U.S. economy is now estimated around $23 trillion annually. [Tables pdf Here]

What the GDP doesn’t show is the diminished purchasing value of the dollar and/or the actual rate of inflation which towers over the valuation.  With goods and services costing much more, the estimated value of those goods and services (the amount of money spent on them) increases.

Because we are in a severe inflationary cycle, the resulting evaluations of the economy are skewed.  The BEA attempts to remove the inflationary impact of their evaluations, but they do so by using a 5.5% inflationary rate, which is a much lower inflation estimate than actually exists.

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Keep an eye on this story folks; there’s something else here.

The FDA decision to block COVID-19 treatment options is very sketchy, and I sense that Florida Governor Ron DeSantis knows the science will not support the Biden administration.  This story -when exposed- has the potential to bring down the Biden administration, big time… DeSantis senses it.

Earlier today, Florida Governor Ron DeSantis held a roundtable press conference with physicians, clinicians and other health officials in Florida to denounce the Biden FDA decision to revoke monoclonal antibody treatments as a therapeutic option.  The FDA action was not only done without communication, but the decision was also made without study and without any input from the treatment side of the COVID-19 dynamic.

Here’s a brief segment of the DeSantis statement:

The full presser is below and is well worth watching to listen to the doctors who refute the FDA claim that monoclonal treatments do not assist patients with Omicron variant.  Doctors have treated Omicron patients successfully with the monoclonal antibody treatments. The actual doctors who are treating the patients refute the FDA directly.

The input from Dr. Dwight Reynolds is very revealing. Something is very odd around this story.

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The official U.S. shot goblin, Anthony Fauci, announced earlier today, kids 6 months to 4 years-old will receive a three-dose vaccine schedule as soon as the political operatives in the FDA come to an agreement with the multinational pharmaceutical companies.

However, other than the most entrenched Branch Covidians, who are willing to subject all of their children to the experimental drugs and gas station sushi, a wider effort might run into a much more skeptical American population.

The increased skepticism, some would say ‘awakening’ over the vaccine intent and efficacy, is highlighted by the reluctance of the previously vaccinated population to take a booster shot.  First, to the kids:

(New York Post) – […] Two clinical trials of the Pfizer vaccine on children ages 6 months to 2 years old, and ages 2 to 4 are underway, but the older group hasn’t yet met standards, White House chief medical adviser Dr. Anthony Fauci said at a press conference.

“Dose and regimen for children 6 months to 24 months worked well, but it turned out the other group from 24 months to 4 years did not yet reach the level of non-inferiority, so the studies are continued,” Fauci said, referencing effectiveness standard comparison to adults.

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Canadian Prime Minister Justin Trudeau was asked today about the 50,000+ truckers and millions of supporters of the “Freedom Convoy” that is headed to Ottawa to protest the heavy-handed government COVID approach.

In true totalitarian fashion, the pontificating pustule of pompous promotion claimed the people protesting his position are a “fringe minority” of the Canadian people, holding “unacceptable views” against his regime.  WATCH (Prompted):

.

This guy is almost as bad as Jacinda Ardern of New Zealand.  How a majority of Canadian people could possibly support this arrogant and condescending weasel simply shows just how pathetic the political opposition in Canada really is.

Put a solid, strong and articulate conservative up against these creeps and things might change.  However, that person needs to be able to look the uber-leftist media in the eye, speak with plain commonsense, and call them on their bulls**t.

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A Gallup news survey [DATA HERE] indicates that eight out of ten Americans expect higher prices and continued rising inflation, as the working class can see the through the smoke and mirrors of the Biden economy.

Overall, there are multiple datapoints that show the economic quagmire that is taking place right now.  Gasoline continues to rise in price, as oil costs continue to skyrocket as an outcome of Biden energy policy.  Food store prices have only just begun to show the higher prices that are built into the replenishment process.

Newly arriving goods overall are at a much higher price that previous inventory.  The 30, 60 and 90-day terms of purchase order fulfillment are now reflecting the cumulative cost increases at every stage in the supply chain.  Inbound prices to retail are still climbing. This is an economic quagmire created by inflation that cannot be avoided.

Fuel, food, home energy and home prices overall are rising.  As a result, durable good spending has contracted.  CTH has pointed out this dynamic for almost five months; however, the actual data is difficult to extract, because the scale of government spending in 2021 has clouded all of the economic indicators.

The official government inflation statistics at 7 to 9% do not accurately reflect the real inflation being felt by consumers, which is in the 25 to 40 percent range for highly consumable products.  If you look around your local community, it is not difficult to see that working class Americans have modified all of their spending priorities to deal with the food, energy and housing inflation that cannot be avoided.

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