The reports continue to come in that there’s a real problem with the U.S. food supply. From McDonald’s reviewing their supply chain for beef to the pleas of ranchers already staring at feeding issues with last year’s poor harvests the signs are there for a major supply dislocation in beef going forward.
My local Winn-Dixie has had limits on large cuts of pork for the past couple of weeks. Porn loins have been gone for weeks now, so no pork jerky for us, which is a tragedy.
Now Wendy’s, which doesn’t use frozen beef, is reporting more than 20% of their stores are out of beef.
Stephens analyst James Rutherford noted 18% of Wendy’s restaurants were “completely sold out of beef items as of Monday evening,” reported Bloomberg.
“By our count 1,043 Wendy’s units were selling zero beef items yesterday evening,” but within the figure, about 128 restaurants were still selling beef chili. Rutherford added that the shortage varies across the country and said some restaurants still have full menus, while states like Ohio, Michigan, Tennessee, Connecticut, and New York are “fully out of fresh beef.” The note also said Wendy’s is “more exposed” to meat shortages because of its reliance on fresh beef compared with its competitors.
If you subscribe, like I do now, to the idea that this Coronapocalypse is mostly a cover story for the failures of the global financial and political system to usher in a new round of totalitarian control then destroying the most vulnerable, yet important, part of our food supply would be a key strategic goal.
My talk with Patrick Henningsen of 21st Century Wire recently covered the motive, means and opportunity for why this perspective should be our default setting.
But this beef shortage has been a year in the making. Last year because of poor grain harvests, especially corn, where millions of bushels came in at quality not even fit for silage, we were already expecting disruptions in the beef market as ranchers were thinning herds and bidding up the price of feeder calves earlier in year.
I’ve spoken with ranchers here in Florida about this. And this is an area which 1) grows a lot of cows, and 2) where meat packing plants have been mostly unaffected by COVID-19. So, it’s important when I tell you this dynamic in January and February has completely reversed itself.
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even the ancient roman politicians knew that you could screw over the citizens if you kept them distracted with bread and circuses. modern politicians aren`t too smart they are trying to screw over the citizens without providing us with bread or circuses or even the freedom to leave our own homes. France forgot the ancient roman lesson when they said to their citizens " let them eat cake" and that didn`t end well for the french politicians.American politicians are saying " no bread or circuses, let them eat ice cream" this isn`t going to end well for the american politicians.
ReplyDeletenot unexpected. Grilled Cheeeeeeeeeeeeeeeese and Tomato soup for all!
ReplyDeleteFearmonger.........Fearmonger..........fearmonger.........!!! Government??!!??
ReplyDeleteThe lie that last years' harvest was bad is insane! There's plenty of grain still left from last year and now winter wheat is coming to overfill the silos. There's a plan out there and I aim to get ahead of it.
ReplyDeleteSo, if you want an instant shortage of anything, just claim there is a shortage.
ReplyDeleteIt is a self fulfilling prophecy.
Low protein diets are classic cult and prison offerings to diminish the individuals cognitive ability and reasoning and make them more passive. It's a shame so much good meat is going to be stock piled frozen. It's best aged un-refrigerated and cooked rare.
ReplyDelete