141 - What High Grocery (& Meat!) Prices Could Result In

The Business of Agriculture Podcast

Groceries — particularly meat — have been in the news a lot lately. From meat plant closures to produce being destroyed to food bank demand spikes, food is a hot topic in the coronavirus era. But it’s about to “get real” because the consumer is seeing the biggest jump in food prices since 1974. Food prices jump 5.8% just from March 1 to May 30. Most of that increase was in meat. So what does this mean? I provide a few outcomes and economic prognostications that are likely in a recessionary economy now dealing with higher grocery bills. Sponsored by Harvest Profit HarvestProfit.com