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Dale Nething, 86, waits on the steps as his son Don Nething, 62, troubleshoots the combine after it broke down while being used to harvest corn in Ravenna, Ohio, October 11, 2021. Manufacturing meltdowns are hitting the U.S. heartland, as the semiconductor shortages that have plagued equipment makers for months expand into other components. Supply chain woes now pose a threat to the U.S. food supply and farmers’ ability to get crops out of fields.

Price pinch: global economy caught in perfect storm

Rising costs, shortages and a lack of workers are all weighing in

London|Tokyo|Reuters – From beef bowls in Tokyo to fried chicken in London, consumers are starting to feel the pinch from the surge in costs coursing through the global economy. The rebound as coronavirus restrictions are eased has exposed supply chain shortages, with firms scrambling for workers, ships and even fuel to power factories, threatening the fledgling economic recovery.

Whether our current bout of inflation will prove to be transitory is unknown, as is just how high the rate could get.

Editor’s Take: Riding the lightning

We’re officially into ‘interesting times.’ There’s no other way to categorize it, as the reports start stacking up. Tire and glyphosate shortages because of power cuts in China. The U.K. contemplating a pig cull and milk dumping for lack of labour. Retailers fretting over a ‘cancelled Christmas’ due to supply chain snarling. Gasoline prices in


File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)

Conagra flags price increases to cushion inflation impact

Prepared foods firm raises sales forecast

Reuters — Conagra Brands said on Thursday it would increase prices again on its frozen meals and snacks to help cushion the blow of higher inflation, after the diversified food maker raised its annual sales forecast and topped quarterly results. Packaged food companies are grappling with inflation as the U.S. economy rebounds, while spending heavily

Market undercurrents in the food sector may be harder to pick up now than five or 10 years ago.

Comment: Lowballing food inflation

Evidence is mounting that StatCan may not be reflecting reality

If you think food prices are increasing at a much faster pace than what Statistics Canada is suggesting, you are likely not imagining it. For a few years now, many Canadians suspected that the federal agency was either underestimating our food inflation rate, or that there was some sort of lag between what was going

An employee loads wheat near a grain store in the settlement of Raduga in Stavropol Region, Russia June 30, 2021.

Putin’s drive to tame food prices threatens grain sector

The move to address domestic concerns could make a key competitor less competitive

During a televised session with ordinary Russians in late June, a woman pressed President Vladimir Putin on high food prices. Valentina Sleptsova challenged the president on why bananas from Ecuador are now cheaper in Russia than domestically produced carrots and asked how her mother can survive on a “subsistence wage” with the cost of staples


File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)

Argentina extends beef export cap, stoking farm tensions

Move seen as 'giving markets to other countries'

Buenos Aires | Reuters — Argentina extended beef export restrictions until the end of October on Tuesday, stoking tensions with the powerful farm sector as the government seeks to bolster domestic meat supply to help contain rising food prices. The move comes months before key mid-term elections, with centre-left President Alberto Fernandez keen to avoid


Is inflation risk overhyped?

Is inflation risk overhyped?

A lot of people — perhaps too many — are talking about inflation

A lot of people, perhaps even too many people, are talking about inflation. I say this because when there’s so much attention on a topic, you have to wonder if it’s being overhyped, or if maybe there’s something more to it. Various inflationary factors are starting to appear. Recent U.S. government reports show signs of



High prices can skew cost of production, and if inflation returns in earnest, so could higher rates.

Price spikes can bring input cost risks

History highlights what can happen if market events suddenly make the current debt-to-income ratio untenable

Commodity prices have been strong for the past eight months. It’s been a boon for growers, though prolonged periods of decent returns can skew the cost of production. Canadian growers could be open to significant financial hardship if they see sustained price reductions or major production challenges like those experienced in the 1970s and 1980s,