The Sage Observer

The Sage Observer

October 27, 2021
Doubt is an uncomfortable condition, but certainty is a ridiculous one.

UN Group Releases Disturbing New Data on Global Food Prices

food prices
Global food prices are nearly 33% higher than a year ago. (Credit: Albert Herring)

On Thursday, the Food and Agriculture Organization (FAO)—a specialized agency of the United Nations—released stunning data revealing that global food prices have hit a new decade high, after rising for the second month in a row in September. This is an ominous sign indicating that the global economy is starting to come apart at the seams.

The FAO Food Price Index (FFPI) is basically a measure of the inflation in global food prices. It consists of a basket of food commodities, which includes things such as dairy, meat, and sugar. The FFPI measures the monthly change in the international prices of this basket of commodities. This value rose to 130 points in September, which was a 1.2% increase. It was also up a stunning 32.8% from just a year ago when the COVID-19 pandemic was in full swing.

The FAO indicated that wheat, rice, dairy, and vegetable oil all experienced significant price increases. The price of sugar rose only 0.5% but was up 53.5% from a year ago, primarily driven by adverse weather and higher ethanol prices in the world’s largest sugar exporter, Brazil. However, the FAO Meat Price Index remained unchanged from the previous month.

The FOA Food Price Index has seen a steep increase since September 2020. (Credit: FOA)

Soaring shipping costs on land and sea, as well as pandemic-related supply chain disruptions, have exacerbated the issue as grocery store chains have resorted to either raising prices or leaving shelves empty. The Biden administration acknowledged the growing problem with food inflation in early September, although it didn’t exactly inspire much confidence with regard to fixing the issue. The administration also increased food stamps by 25%—the biggest increase ever.

Even Statista indicated back in June that global food prices had seen a steep increase since the fall of 2020. That trend appears to be continuing as we head into the final stretch of 2021. Two weeks ago, The Economist—certainly one of the more sinister publications out there—released an ominous report entitled “High food prices are here to stay.” Not good.

A week ago, the World Economic Forum also published an article entitled “Global food prices are at a level not seen for most of modern history – this is why,” in which it attempts to attribute the historic price increases to “climate breakdown”—an utterly laughable claim. The WEF states:

“Without radical changes, climate breakdown will continue to reduce international access to imported food, well beyond any historical precedent. Higher prices will reduce food security, and if there is one solid law of social science, it’s that hungry people take radical steps to secure their livelihoods – especially where leaders are perceived to have failed.”

The real reason is simply due to powerful globalist organizations like the Federal Reserve that have been engaging in coordinated criminal activity and economic terrorism for decades. Another one of these globalist organizations, of course, is the UN—and the fact that the FAO is part of the UN is a huge red flag. The UN is essentially nothing more than a front for international bankers who seek to create a more “globalized” world economy.

These recent articles by globalist-backed entities such as the WEF and The Economist are obvious clues as to what the globalist elites have planned for the world in the very near future. The food supply is sure to be one of their weapons of choice as they attempt to consolidate the world under a totalitarian one-world government in the coming months and years—meaning significant global food shortages could be just around the corner. Prepare accordingly.

References

  1. http://www.fao.org/worldfoodsituation/foodpricesindex/en/
  2. https://time.com/6073233/shipping-costs-surge-price-hike-goods/
  3. https://www.forbes.com/sites/garthfriesen/2021/09/03/no-end-in-sight-for-the-covid-led-global-supply-chain-disruption/?sh=3d27ee73491f
  4. https://www.zerohedge.com/markets/biden-administration-now-blames-meatpackers-soaring-food-costs
  5. https://www.cnbc.com/2021/08/16/biden-administration-announces-biggest-increase-to-food-stamps-ever.html
  6. https://www.statista.com/chart/20165/un-global-food-price-index/
  7. https://www.economist.com/graphic-detail/2021/09/22/high-food-prices-are-here-to-stay
  8. https://www.weforum.org/agenda/2021/10/global-food-prices-global-food-price-index/

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