Supply chain issues that are causing food prices to skyrocket

Grocers are particularly aware of the rising prices of staple foods such as meat, fresh fruits and vegetables. From department stores to independent grocery stores, everything is in a pinch due to supply chain issues. According to economists and people at the forefront of grocery shopping, Santoni owner Lou Santoni says working in warehouses and delivering groceries to stores has pushed up the prices of many products. is. The Maryland market and foodservice have pivoted more than the leaders throughout the pandemic, but recent distribution issues have forced it to raise prices. “There is one supplier who couldn’t even deliver for four consecutive weeks without saying their name,” Santoni said. Every now and then he has to send his truck to a warehouse to collect fresh food and bring it back to the store, which ends up increasing the price. According to Santoni, meat prices may have gone down, but the general trend is for prices to continue to rise. Your Favorite Food Rossen Report: Anirban Basu, economist at Sage Policy Group, a free app to save money as food prices skyrocket, said it all comes down to employment issues. As truck drivers drive food, one of the things we’re seeing is a significant increase in prices, especially for the types of food that need refrigeration, ”Bass explains. , There are 100 jobs. He said wages continued to rise, but the highest levels of inflation in decades kept the value of those high wages low. Suddenly you will see a flood of people looking for jobs like this. It wasn’t, and it hadn’t really been for a while. “It’s a big step forward and I think he’s going to stay here for a while,” Santoni said. Economists believe that as more and more people return, the situation will continue until at least the summer of 2022. Working in the supply chain should reduce some of the stress, but only the weather is known . Watch the video above for the full story.

Grocers are particularly aware of the rising prices of staple foods such as meat, fresh fruits and vegetables.

From department stores to independent grocery stores, everything is in a pinch due to supply chain issues. Getting people to work in warehouses and deliver food to stores has caused the prices of many products to skyrocket.

According to economists and those at the forefront of the grocery store, no relief seems to be visible.

Lou Santoni, owner of Santoni’s Marketplace and Catering in Maryland, has pivoted more than the ringleaders throughout the pandemic, but recent distribution issues have forced him to raise prices. paddy field.

“It’s really over,” Santoni said. “There is a supplier who couldn’t even deliver for four consecutive weeks without saying their name. “

Santoni said he couldn’t even deliver the goods. Every now and then he has to send his trucks to the warehouse to pick up fresh food and bring it back to the store, which ends up driving up prices.

“Sometimes you can take a short break, win for a week or two and see the price of meat go down, but the general trend is that the price tends to go up.” Let’s do it. “

Anirban Basoo, an economist at the Sage Policy Group, said all of this has led to employment problems.

“Often there is a shortage of food production workers and truck drivers to drive the food, and one of the things we see is, in particular, the large amount of food we need. It’s a price increase. Refrigerate. “

According to Bass, there are currently 100 jobs for 83 unemployed Americans. He said inflation at highs for decades was keeping the value of those higher wages lower, even as wages continued to rise.

“Since September 6, some of these Extended federal unemployment insurance benefits have expired, And suddenly we will see this rush of people looking for jobs. It wasn’t, and it hadn’t really been for a while. “

On the other hand, grocery stores like Santoni’s try to keep prices as low as possible.

“It’s a big step forward and I think he’s going to stay here for a while,” Santoni said.

Economists believe the situation will continue at least until the summer of 2022, as more people in the supply chain can be reintegrated to reduce some of the stress, but only the time is known.

Watch the video above for more information.

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