Tyson Foods to Use BUGS to Create Our Food


Armstrong Economics Blog/Great Reset Re-Posted Oct 23, 2023 by Martin Armstrong

The climate change psy-ops has simply gone too far. Schwab’s World Economic Forum has become like a cult declaring our last days are ahead unless we abide by asinine laws. Those promoting the Great Reset have said countless times that WE will begin to eat bugs to save the planet, and meat will no longer be available to us. Now Tyson Foods announced it acquired a minority stake in the bug protein startup company, Protix.

According to the company’s website:“Protix is the world leader in insect ingredients. We believe that feeding the growing world population should go hand in hand with protecting our beautiful planet. A huge challenge! Fortunately, the solution lies in nature itself: insects provide low-footprint proteins and other nutrients that can be processed into more sustainable feed and food.”

The website goes on to claim:“Why do we love insect ingredients? Because they’re the answer to many of the problems the world is facing today. Insect ingredients have a lower footprint than many of the ingredients commonly used in feed and food. Our insects need very little room to grow, making for far less land use than traditional ingredients. They also need less water and have lower CO₂ emissions. Plus… insects are nature’s greatest ‘upcyclers’ and thus a natural solution to the huge problem of food waste.”

Tyson said it will begin to normalize the consumption of bugs by placing it in pet food, aquaculture, and livestock production. The company will “upcycle food manufacturing byproducts into high-quality insect proteins and lipids.” So they even want to fill the animals we eat with insects and change their diets as well. Grand View Research stated that insect protein consumption will grow by 27.4% by 2028, a half cycle before 2032, when the people rise up and demand change. Governments want us sick and helpless.

Farm Input Costs Continue Driving Massive Food Inflation


Posted originally on the CTH on February 6, 2023 | Sundance 

John Boyd Jr., President of the National Black Farmers Association appears on Newsmax TV to discuss the ongoing issue of higher farm input costs.  Energy costs, fertilizer costs, fuel costs as well as all packing and distribution costs that are associated with petroleum manufacturing, are continuing to drive farm costs throughout the supply chain.

After a review of the current farm output status, there is a very strong possibility we will see the fourth wave of food inflation hit this spring, in combination with several manufacturing and production facilities.  Again, the lack of consumer spending on durable goods has moderated the price in hard goods (supplies up, demand down); however, the highly consumable products like food, fuel and energy continue to experience upward price pressure as a direct result of Biden energy policy.  WATCH:

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If consumers could eat missiles and weapons, the U.S. government would be offsetting the costs.  Unfortunately, for actual farming products, there is no government attention, policy or support.  Apparently, food is still not considered a national security issue.

The Albertsons and Kroger Merger Faces Legislative Scrutiny as European Company Ahold Assembles Competitive Bid


Posted originally on the conservative tree house on October 22, 2022 | Sundance 

Last week we discussed the announcement of a $24.6 billion merger deal between Kroger and Albertsons supermarkets {Go Deep}.  The majority stockholders in both companies are institutional investment groups, Blackrock, Vanguard and Cerberus.

The merger would consolidate the second and third largest food retailers in the U.S. and would certainly dilute the competitive dynamic amid the supermarket industry.  Concern over price controls and decreased competition has now arrived on the desks of DC legislators who are reviewing the deal.

(Reuters) – […] U.S. Democratic Senator Amy Klobuchar and Republican Senator Mike Lee were quick to say that they would hold a hearing to discuss the merger. A European interloper could make deal plans even harder.

Frans Muller, Chief Executive of Stop & Shop owner Ahold Delhaize (AD.AS), has made no secret of his desire to consolidate U.S. grocers. The Netherlands-based firm is already the fourth largest grocery chain. If it managed to cobble together a better offer than Kroger’s bid for Albertsons, it would become the second largest supermarket. Plane spotters tracked two Albertsons jets next to Ahold Delhaize’s U.S. base in Massachusetts in early August. Ahold declined to comment.

Ahold can also afford a chunky deal. The Dutch grocer has debt of just 2 times its $6.7 billion of EBITDA estimated for this year, according to Refinitiv. That’s 50% less than the average. If investors reckoned there was merit in a deal, Muller could also use equity to beef up the offer. At more than 12 times, Ahold’s price-to-earnings ratio is a fifth higher than Albertsons’, giving it currency.

Aspects of the deal might make it easier for antitrust authorities to get comfortable, too. Kroger and Albertsons would have a combined market share of 13%, whereas a deal with its Dutch rival gives much less of the pie. Ahold focuses on the East Coast of America whereas Albertsons has a big presence on the West Coast. So regulators wouldn’t have to worry about a larger Kroger shutting down competing Albertsons stores.

[…] U.S. senators who scrutinise antitrust issues expressed “serious concerns” about grocery company Kroger’s plan to buy rival Albertsons, and said they would hold a hearing in November on the $25 billion deal.

The announcement by Democratic Senator Amy Klobuchar, chair of the Senate Judiciary Committee antitrust panel, and Republican Senator Mike Lee confirmed a previous report by Reuters.

A Kroger spokesperson said the company looked forward to the hearing. “We welcome the opportunity to outline how this transaction will benefit America’s consumers by expanding access to fresh, affordable food,” the company said in a statement.

The Federal Trade Commission is expected to review the deal to ensure it complies with antitrust law. (read more)

This might be one of those rare times when a legislative and regulatory review may actually be beneficial to the outcome for the consumer.

December 16, 2020, Dozen Large Eggs $1.79

October 11, 2022, Dozen Large Eggs $7.29

(Source)

(DCBusinessDaily) – […] Scott Rasmussen Number of the Day shows 76% of voters have seen their grocery prices go up in the last month. The poll also found 60% of voters believe prices will continue to rise. Additionally, 54% of voters say gas prices have gone up in the last month and 59% believe gas prices will continue to go up. Ballotpedia’s poll methodology surveyed 1,200 registered voters from Oct. 6-8. According to the Ballotpedia website, the poll was lightly weighted by geography, gender, age, race, education, internet usage and political party to reflect a fair balance of voters across the country. The margin of sampling error is +/- 2.8 percentage points.

The U.S. Bureau of Labor Statistics issued its latest Consumer Price Index (CPI) summary for the nation on Oct. 13, which found that the rate of inflation over the last 12 months stands at 8.2%. It rose 0.4% in September. In the last year, food costs have risen by 11.2%, energy costs have increased by 19.8%, gas prices have risen by 18.2% and the cost to purchase a new vehicle has increased by 9.4%. (more)

Major Merger Announced, Kroger and Albertsons Announce Merger Deal Worth $24.6 Billion


Posted originally on the conservative tree house on October 14, 2022 | Sundance 

Not that long ago, I would have said to allow the free market to decide if a merger or acquisition was valuable for the consumer.  However, in the era where massive multinational corporations, investment groups and financial institutions have now used corporatism to merge their interests with government, the massive multinationals need scrutiny.

Two major food retailers, Kroger and Albertsons, have announced their intent to merge into one massive company in a deal valued at $24.6 billion.  The majority stakeholders in Kroger are institutional investors Vanguard ($3.72 billion/11.29%) and Blackrock ($3.02 billion/ 9.17%).   The majority stakeholder in Albertsons is institutional investment group Cerberus ($3.90 billion/28.54%).

In the past few years, food has surfaced as a growing national security issue.  Foreign companies and large multinationals continue to expand their control over U.S. farm production and export U.S. farm products (Big Ag).  A major retail level move like the merger of Kroger and Albertsons creates a weaker competitive environment and gives a larger potential footprint to price control.

CBS – […] Together, the companies will have more than 710,000 workers and operate nearly 5,000 stores, along with roughly 4,000 pharmacies. Kroger, based in Cincinnati, Ohio, operates 2,800 stores in 35 states, including brands like Ralphs, Smith’s and Harris Teeter. Alberstons, based in Boise, Idaho, operates 2,220 stores in 34 states, including brands like Safeway, Jewel Osco and Shaw’s. 

“Albertsons Cos. brings a complementary footprint and operates in several parts of the country with very few or no Kroger stores,” Kroger CEO Rodney McMullen, who will lead the expanded company, said in a statement.

Kroger will pay $34.10 for each share of Albertsons stock, a 19% premium from the closing price on Thursday. As part of the purchase, Albertsons will issue a cash dividend of up to $4 billion to its shareholders, which the companies said is expected to be about $6.85 per share. (read more)

Sometimes bigger is just bigger and more controlling, not better.

That said, with economic volitivity continuing to increase, the food sector is a safe harbor for massive investment shifts.

Leading Edge of Field to Fork Inflation Starts to Arrive in September Producer Price Index


Posted originally on the conservative tree house on October 12, 2022 | Sundance 

The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released September price data [Available Here] showing another 8.5% increase year-over-year in Final Demand products at the wholesale level.  However, that’s not the bad news in this data.

While the overall September PPI was higher than expected at 0.4%, the Final Demand Producer Price for food products in September was a whopping 1.2% (14.4% annualized).

The BLS notes the driver by saying, “a major factor in the September increase in prices for final demand goods was a 15.7-percent advance in the index for fresh and dry vegetables. Prices for diesel fuel, residential natural gas, chicken eggs, home heating oil, and pork also moved higher.”

That’s a 15.7% increase in price, in one month, for fresh and dry vegetables.  Annualized that’s a rate of price increase of 188.4% for vegetables.   Remember the warning about farm costs (energy, fertilizer, fuel) driving field to fork inflation at harvest?  This is the leading edge of that third wave of food price increases.

I have modified BLS Table-2 to focus specifically on food costs.  The data is on left.

You will note that ‘row crops’ are the big drivers along with grain and seed products.  This is exactly as we predicted it would be because those specific farming costs are the ones with greatest increase from energy, fuel, fertilizer, weed and insect control, and diesel costs.

All of those higher costs have been growing in the fields and will now surface at harvest.   The higher farm costs transfer from the field to the fork via the food supply chain.  This is only the leading edge of the price increase.

In October 2021 we first warned of the food price increases coming in distinct waves.  The first was Jan, Feb and March 2022.   The second wave was May through July 2022.  This third wave will be bigger than the first two and starts arriving this month, October 2022.

People laughed at me when I said in late 2022 eggs were going to reach .50¢ EACH ($6/doz).

Well, in September the price of fresh eggs jumped 16.7% in a single month.  That’s an annualized rate of price increase for eggs over 200%.

With hindsight you can clearly see the three waves of food price increases (BLS Table A):

Get ready and shop smart.

The October, November and December price increases in the grocery store are going to make the prior fresh food increases look small, as the full increased costs of farming operations starts to arrive at the supermarket.   Unfortunately, this will coincide with a wave of gasoline price increases, and the prices of natural gas are already skyrocketing.

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Agriculture Agenda: WEF & Bill Gates [Edge of Wonder Live – 7:30 p.m. ET]


Edge of Wonder Published originally on Rumble on September 20, 2022

Bill Gates buys up farmland across the United States, big corporations get grants instead of companies that need it, and farmers are MAD. What is the World Economic Forum pushing that’s been going on since the ‘70s? What fear mongering is making the rising food costs seem like something we can’t escape from?