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News & Articles By Ramon Tomey
10/26/2021
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By Ramon Tomey
Unilever raises product prices due to rising costs of raw materials
Consumer goods company Unilever has raised prices due to rising raw materials costs. The multinational firm warned that inflation would continue for at least the next 12 months. Unilever said on Oct. 21 that it increased its prices by 4.1 percent in the third quarter of 2021. The price hikes serve to pass rising material costs […]
10/26/2021
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By Ramon Tomey
Pork industry pundits lay out effects of labor shortages on supply chain
Two pork industry experts have laid out the effects of labor shortages on the supply chain, saying that vaccine mandates by the Biden administration only add fuel to the fire. If the issues are not resolved soon, they warn that everything will collapse just like Jenga blocks. Dennis DiPietre and Lance Mulberry made this warning […]
10/26/2021
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By Ramon Tomey
Scientists call for crop diversity to ensure future food security and nutrition
Fifteen scientists from six countries have come together to look at the loss of crop diversity – including its causes and its full extent. Their review of hundreds of other studies published over the last eight years has produced alarming findings. They have found that 95 percent of the studies they looked at have reported […]
10/25/2021
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By Ramon Tomey
Heartland Express predicts freight demands to increase until 2022
Iowa-based trucking company Heartland Express predicts that demands for freight trucking will continue to increase this year until 2022. The company has also predicted that the current labor shortages affecting many industries will continue well into next year. Heartland Express CEO Mike Gerdin made the prediction in an Oct. 14 press release. He says: “Freight demand has […]
10/22/2021
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By Ramon Tomey
Expert: “Panic” ordering by retailers contributing to supply chain woes
The ongoing supply chain crisis has affected stocks of different products worldwide. Experts cite several contributing factors that worsen the issue such as port congestion and energy shortages. Now, another factor they mention – panic ordering by retailers – appears to make the crisis worse than it already is. One expert in particular says that […]
10/20/2021
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By Ramon Tomey
Flooding in West China submerges villages, destroys crops
Heavy flooding has caused significant damage in China’s Shaanxi province, submerging homes and affecting many villages and residents. Persistent downpour led to the Luo River overflowing, which has also affected agriculture in the area. Local farmers in the province lament that the flooding has compromised both harvests and livestock. According to the Epoch Times, continuous rains for […]
10/19/2021
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By Ramon Tomey
Beef and chicken set to become luxuries as inflation pushes food prices ever higher
Most people consider beef and chicken as the primary sources of protein in their diets. However, inflation and the resulting spikes in food prices threaten to put an end to this concept as steaks and chicken may soon become luxury products. Author Michael Snyder writes that the steadily rising prices of meat appear to be a […]
10/19/2021
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By Ramon Tomey
Food company exec: People must get used to higher food prices
A food company executive has warned that people must get used to paying more for their food as prices of raw materials used for different products reach new highs. But he also notes that consumers do not need to shoulder the higher costs of raw food ingredients. Miguel Patricio, the CEO of Kraft Heinz, lays down the argument […]
10/13/2021
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By Ramon Tomey
Kraft Heinz CEO says people must get used to higher food prices
The head of food manufacturer Kraft Heinz says people must get used to higher food prices. According to Kraft Heinz CEO Miguel Patricio, the company is “raising prices, where necessary, around the world.” His comments follow a spike in energy and raw material prices alongside supply chain issues around the globe – prompting companies to […]
10/12/2021
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By Ramon Tomey
Trade group warns government against meddling in the meat industry
A meat trade group has warned the federal government against meddling in the meat industry. They argue that government action by means of laws and mandates will cost meat producers millions of dollars. The trade group’s warning comes amid plans by lawmakers to draft new legislation supposedly benefiting cattle producers in the United States. North American […]
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