Significantly higher food prices are coming, because U.S. food production is going to be way below normal levels this year. That is really bad news, because food prices are already absurdly high. In some cases, people are paying as much for a full shopping cart full of food as they did for a used vehicle in the old days. I wish that I was exaggerating, but I am not. Unfortunately, food prices are only going to go higher because farmers and ranchers are being hit extremely hard from coast to coast. For example, it is being reported that wheat farmers in Kansas "will reap their smallest harvest in more than 60 years"…
Kansas has been called the country's breadbasket. Now, wheat farmers in the state will reap their smallest harvest in more than 60 years.
This will go directly down the chain, from farmers to consumers at the grocery store.
Kansas normally produces more wheat than any other U.S. state by a wide margin.
But now the harvest in that state will be the smallest that we have seen since 1957…
For the last two years, a drought has withered a lot of the crop.
Now, this year's wheat harvest in Kansas is shaping up to be the smallest since 1957. That year, the Eisenhower administration intentionally suppressed wheat production.