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UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases

 
Ultra MAGA Dan

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05/28/2022 07:44 AM

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UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Buckle up folks, stolen elections have catastrophic consequences!


Have you ever seen egg prices at $1 per egg range, or $12/doz? Hold on a few months and perhaps you will. That is the context for the scale of food price increases the USDA is now starting to predict. The highest predicted change in food costs in well over 40 years, that’s the USDA warning in their revised May “Food Price Outlook”. [DATA HERE]

This month the USDA just re-re-revised the forward price outlook, and things are grim. It likely doesn’t come as a surprise to many CTH readers because we have been discussing the convergence of events since October of 2021, when we first were able to predict Wave-1 (Dec/Jan), and Wave-2 (March/Apr) inflation. However, the underlying data for Wave-3 is double the prior two phases.

Keep in mind the data is national & skewed toward low estimations as represented by (+).

When the USDA predicts egg prices increasing by 19.5 to 20.5% (from where those prices are now), there will be regions with much higher retail increases than estimated.

Just two months ago, USDA had egg inflation at 2.5%-3.5% range, year over year. Again, that’s the scale of change; from a 3.5% forward outlook to a 20.5% forward outlook effective right now.

Food at home (grocery store) prices: up 7% to 8% in this monthly review, versus the April outlook of a rise of 5% to 6%. That means the USDA is predicting the highest grocery store price rise since 1980 when prices rose 8.1% (prices rose 7.2% in 1981). There is no reason to think the USDA forecast will not rise again in June.

https://imgur.com/hzM3zSr


[link to theconservativetreehouse.com (secure)]
MAGA!
Anonymous Coward
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05/28/2022 02:54 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
hiding
Anonymous Coward
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05/28/2022 02:55 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Juan star bandits seem to follow you. I don't get it. Good post imo
Ultra MAGA Dan  (OP)

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05/28/2022 03:13 PM

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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Juan star bandits seem to follow you. I don't get it. Good post imo
 Quoting: Okay, Groomer


For whatever reason, I have stalkers on this website.

Edit: grazie mille per il pin!

thumbs

Last Edited by Ultra MAGA Dan on 05/28/2022 03:17 PM
MAGA!
Paranoiaaaaa
Butters

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05/28/2022 03:21 PM

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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
I don't think the full implications have hit most people yet. It will though!

My 5 Stars
"Just because you're paranoid doesn't mean they're not out to get you." - Fox Mulder - The X-Files

"Life is what happens while you are busy making other plans." - John Lennon
Ultra MAGA Dan  (OP)

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05/28/2022 03:23 PM

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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
I don't think the full implications have hit most people yet. It will though!

My 5 Stars
 Quoting: Paranoiaaaaa


All of this is intentional! The people pulling Biden's strings stole the election so they do not answer to the American people. They answer to the people that bought and paid for that election. These are evil people intent on destroying the USA.


MAGA!
Anonymous Coward
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05/28/2022 03:26 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
any official agency doesn't predict anything.. they are told what is coming.
VegasRick

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05/28/2022 03:28 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Real doom.

glassesoff
Ultra MAGA Dan  (OP)

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05/28/2022 03:36 PM

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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Real doom.

glassesoff
 Quoting: VegasRick


Yep.


MAGA!
Anonymous Coward
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05/28/2022 03:36 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
"Buckle up folks, stolen elections have catastrophic consequences!"

Maybe we should steal them back
Anonymous Coward
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05/28/2022 03:37 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
People are prepping. Every sort of prepping item imaginable has been sold out off and on for months. <<prepping>>
Anonymous Coward
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05/28/2022 03:40 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
And just remember, if it's Government Dater...it's dripping with sugar coating for the mouth droolers....So expect REAL numbers to be a lot worse!
Anonymous Coward
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05/28/2022 03:42 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
This is 100% the result of Demonrat policy. Nothing to do with Putin. Nothing to do with Trump.

This is the sole responsibility of the DNC and the Democrat party.

.
Anonymous Coward
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05/28/2022 04:07 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
The Misses thought I’d gone rogue when I doubled the size of the garden this year. I said you’ll see. I think it’ll be stupid big next time.
Vaellene

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05/28/2022 04:14 PM

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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
its not time yet.
Anonymous Coward
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05/28/2022 04:15 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Fuck Joe Biden and the commies for which he is fronting.
Butch DeFeo

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05/28/2022 04:39 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
FOODSOON
:DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS:
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Anonymous Coward
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05/28/2022 05:20 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
USDA forecast and actual are WAAAAAYYYY below what it really is.

I see a 30-40% increase just over the last year. And I have been watching closely.
Anonymous Coward
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05/28/2022 05:38 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Have my own chickens, more eggs than can use..

This was coming, those with eyes to see couldn’t miss it.

Another great change gifted us by Democrats and biden’s great reset, and build back better.

Starve to death you fucking liberals! I hope your pain is long and very pronounced!!

I will help in known Trump supporter in need!!
Anonymous Coward
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05/28/2022 05:45 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Good.
Democrats need to slim the fuck down.
They eat way too much that could otherwise feed useful, productive humans.
Also, they create too much CO2, so should stop breathing.

:rollin:
Anonymous Coward
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05/28/2022 05:46 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Have my own chickens, more eggs than can use..

This was coming, those with eyes to see couldn’t miss it.

Another great change gifted us by Democrats and biden’s great reset, and build back better.

Starve to death you fucking liberals! I hope your pain is long and very pronounced!!

I will help in known Trump supporter in need!!
 Quoting: Anonymous Coward 58565706


:clappatrump:
Anonymous Coward
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05/28/2022 05:47 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
This is 100% the result of Demonrat policy. Nothing to do with Putin. Nothing to do with Trump.

This is the sole responsibility of the DNC and the Democrat party.

.
 Quoting: Anonymous Coward 78710132


Terrorist!
Hater!!
TRUMPER!!!
RUSSIAN!!!!!
:bodysnatch:
Anonymous Coward
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05/28/2022 06:06 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Buckle up folks, stolen elections have catastrophic consequences!


Have you ever seen egg prices at $1 per egg range, or $12/doz? Hold on a few months and perhaps you will. That is the context for the scale of food price increases the USDA is now starting to predict. The highest predicted change in food costs in well over 40 years, that’s the USDA warning in their revised May “Food Price Outlook”. [DATA HERE]

This month the USDA just re-re-revised the forward price outlook, and things are grim. It likely doesn’t come as a surprise to many CTH readers because we have been discussing the convergence of events since October of 2021, when we first were able to predict Wave-1 (Dec/Jan), and Wave-2 (March/Apr) inflation. However, the underlying data for Wave-3 is double the prior two phases.

Keep in mind the data is national & skewed toward low estimations as represented by (+).

When the USDA predicts egg prices increasing by 19.5 to 20.5% (from where those prices are now), there will be regions with much higher retail increases than estimated.

Just two months ago, USDA had egg inflation at 2.5%-3.5% range, year over year. Again, that’s the scale of change; from a 3.5% forward outlook to a 20.5% forward outlook effective right now.

Food at home (grocery store) prices: up 7% to 8% in this monthly review, versus the April outlook of a rise of 5% to 6%. That means the USDA is predicting the highest grocery store price rise since 1980 when prices rose 8.1% (prices rose 7.2% in 1981). There is no reason to think the USDA forecast will not rise again in June.

[imgur] [link to i.imgur.com (secure)]

[link to theconservativetreehouse.com (secure)]
 Quoting: Ultra MAGA Dan


lotta people who voted for these demos did not realize what they were buying into this green energy has a cost first gotta make fossil fuel so expensive all things that depend on it are gonna go thru roof make you decide to eat or ride paris climate change people jumpin for joy wanted to see this in us for years an this crowd aim to please
Anonymous Coward
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05/28/2022 06:14 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Thread: Pandemic EBT or PSNAP ends May 31st
Anonymous Coward
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05/28/2022 06:15 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
I don't think the full implications have hit most people yet. It will though!

:My 5 Stars:
 Quoting: Paranoiaaaaa


All of this is intentional! The people pulling Biden's strings stole the election so they do not answer to the American people. They answer to the people that bought and paid for that election. These are evil people intent on destroying the USA.


 Quoting: Ultra MAGA Dan


There’s a dairy near me that’s one of the 4 biggest in the country.
They are a sect of Christians who believe they’re doing gods work.
They own 20% of all ag wells in the county that is Arizona desert, they raise 1000’s of cattle they ship across the country, and they control the political process here. Knowing residential wells are going dry from their shade, they’ve offered to buy our private water rights and sell us water from their half mile deep wells.

People don’t know what “evil” is anymore bruv
Anonymous Coward
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05/28/2022 06:16 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
But all the shills in the other thread assured us that pedo joe had inflation in control, surely they weren't lying???

epiclol
Anonymous Coward
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05/28/2022 06:19 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Diesel transports the food, but I recently found out that most new agricultural well pumps are natural gas, which has apparently gone up 225% since Biden took office
darth

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05/28/2022 06:20 PM

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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Its a good time to remember one other supreme fuckup by the current Maladministration.

Example: 9 years ago my son had a long distance trucking company. He drove to North Dakota in mid-winter for the big bucks. He was pulling in about $150K/yr.

Suddenly, there was a flood of immigrants, Cubans in that case. Many got CDLs and started driving.

In a matter of two months, my son was losing loads to people who would drive long distance for $10/hr.

He quit trucking, sold his trucks, and went to work in my manufacturing company for less money. BTW, he is the President of the company now. Smart son!

My point: millions of illegal immigrants are flooding in. Employers WILL find ways to employ them, legal or not. I have seen this first hand in manufacturing.

Wages WILL drop for American workers in low or unskilled jobs. The immigrants will be happy to work for minimum wage since it is huge compared to their home countries.

Lower wages coupled with inflation will KILL the poor and lower class in the USA.

BTW, in 2016 every LEGAL immigrant (and I know a LOT of them) in my circle voted for Trump.

The legal immigrants are not stupid.

The dims think the incoming immigrants are a gimme, guaranteed votes.

NOT SO FAST!

Even the illegals will probably recognize that the dims are killing them economically.
Anonymous Coward
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05/28/2022 06:20 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Buckle up folks, stolen elections have catastrophic consequences!


Have you ever seen egg prices at $1 per egg range, or $12/doz? Hold on a few months and perhaps you will. That is the context for the scale of food price increases the USDA is now starting to predict. The highest predicted change in food costs in well over 40 years, that’s the USDA warning in their revised May “Food Price Outlook”. [DATA HERE]

This month the USDA just re-re-revised the forward price outlook, and things are grim. It likely doesn’t come as a surprise to many CTH readers because we have been discussing the convergence of events since October of 2021, when we first were able to predict Wave-1 (Dec/Jan), and Wave-2 (March/Apr) inflation. However, the underlying data for Wave-3 is double the prior two phases.

Keep in mind the data is national & skewed toward low estimations as represented by (+).

When the USDA predicts egg prices increasing by 19.5 to 20.5% (from where those prices are now), there will be regions with much higher retail increases than estimated.

Just two months ago, USDA had egg inflation at 2.5%-3.5% range, year over year. Again, that’s the scale of change; from a 3.5% forward outlook to a 20.5% forward outlook effective right now.

Food at home (grocery store) prices: up 7% to 8% in this monthly review, versus the April outlook of a rise of 5% to 6%. That means the USDA is predicting the highest grocery store price rise since 1980 when prices rose 8.1% (prices rose 7.2% in 1981). There is no reason to think the USDA forecast will not rise again in June.

[imgur] [link to i.imgur.com (secure)]

[link to theconservativetreehouse.com (secure)]
 Quoting: Ultra MAGA Dan


lotta people who voted for these demos did not realize what they were buying into this green energy has a cost first gotta make fossil fuel so expensive all things that depend on it are gonna go thru roof make you decide to eat or ride paris climate change people jumpin for joy wanted to see this in us for years an this crowd aim to please
 Quoting: Anonymous Coward 80144523


So true.

Pad yourself the best you can..

Maybe this is the very meds liberals need?
Starvation. What a novel idea..
Anonymous Coward
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05/28/2022 07:09 PM
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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
I over heard walmart employees discussing how they are overloaded with work, having to make over 3,000 price changes asap.
Hieronymus Howard

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05/28/2022 07:15 PM

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Re: UDSA Raises Food Price Forecast to Highest Level in 42 Years, Third Wave of U.S. Food Inflation Will Dwarf Prior Price Increases
Gonzalo Lira -- 2022.05.28 A Revolution Is Coming In The West






GLP