A Solution for Food Shortages, Shrinkflation and Spiraling Costs?

No, you're not imagining it. Many grocery store shelves, possibly one in your home state, are bare again. And this is conjuring up bad memories and flashbacks of spring 2020.

In fact, many are emptier now than they've been for nearly two years. And boxed food items are the same price as they've been, but smaller (shrinkflation). Plus other foods are priced significantly higher than before.

Is panic buying going to set in again? Will some people start hoarding food and other grocery store items again?

In some places, this has already started. In others, it's bound to follow. Folks get nervous when they can't find things they're used to placing in their carts. Here's how a recent Bloomberg News Service headline read. "People Are Hoarding: Food Shortages Are the Next Supply-Chain Crunch."

'Perfect Storm' of Food Issues

Stephen Salisbury is the district manager at warehouses in South Dakota, Nebraska, Wyoming and Colorado. Here's what he says.

"What we're seeing now is the long-term effects coming out of (the pandemic). Not enough employees, too many people on unemployment, transportation is a big issue.

"Product ingredients, packaging for products, anything you could think of that's associated with food, there tends to be an issue."

The combination of the pandemic, supply-chain issues, winter storms, inflation and the lack of workers prompted Supermarketguru.com editor Phil Lempert to call it "the perfect storm."

Workforce Is Destabilized

The Wall Street Journal writes, "Global supply-chain bottlenecks are feeding on one another. With shortages of components and surging prices of energy and critical raw materials squeezing manufacturers around the world."

Food producers are also warning about shortages. Not that we need warnings when we see empty store shelves right in front of us. And those shortages are being compounded by hoarding.

Another major issue is the number of food industry workers who have quit their jobs. Due to low pay and unsafe working conditions.

Greg Ferrara is president and CEO of the National Grocers Association. He said, "The bottom line is that we must have access to a stable workforce in order to adequately meet the demands of American consumers."

It's Not Your Imagination

Geoff Freeman is president and CEO of the Consumer Brands Association. He says U.S. groceries typically have 5 to 10% of their items out of stock at any given time.

But these days, it's more like 15%. At some stores, the unavailability rate is even higher. That's partly dependent on how hard an area has been hit with extreme weather.

Labor and truck shortages also contribute to the problem in some areas. Patrick Penfield is a professor of supply chain practice at Syracuse University.

He said, "As you walk through a lot of stores you won't see the quantity and quality of items you are accustomed to seeing."

More than 70% of consumers report being somewhat or very concerned about shortages and out-of-stock items.

A Solution to the Problem

If it wasn't obvious before, it certainly is now. It's up to you to prepare yourself and your family with food security.

And the perfect time to stock up is now during our Presidents Day Event. Right now, you'll get $500 OFF our biggest survival food kit ever.

You'll get 26 FREE gifts worth $1,229.05 ‚ÄĒ Including FREE Freeze-Dried Meat & Berries, a FREE Camp Stove & more!

Plus it's all available on an easy monthly payment plan to help put these important survival items in your hands today.

The only "catch" is that this special expires on 2/22 @ Midnight. So be sure to get yours before this deal is gone.

Take a look for yourself right here

Comments

  • Ann Bews - February 22, 2022

    I have learned that the first thing I check is where you ship to. I live in BC Canada. Often the best deals are for the US only. I have been quite impressed with anything that I have ordered but some things that I might order are for the US only.

  • Irene Thomson - February 21, 2022

    I live in Scotland I don’t think you deliver to my home

  • Lynn M Meese - February 21, 2022

    How about a vegan package. I have several friends that are vegan and no way to purchase a survivor kit.
    And cat and dog food?
    Just a couple of ideas.

  • Paul Jones - February 20, 2022

    I would love to get the one year food, but I have the other items I purchased and making monthly payments and plus daily expenses at home to worry about.

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