I wrote about this last week, but today’s report on food prices adds emphasis.
The worst drought in the United States in nearly a half-century is expected to drive up the price of milk, beef and pork next year, the government said Wednesday, as consumers bear some of the brunt of the sweltering heat that is driving up the cost of feed corn.
Poultry prices are expected to rise more immediately, the government said in a report. It estimated that consumer price indexes for chicken and turkey would rise 3.5 percent to 4.5 percent later this year.
“The poultry category is the smallest animal category, and we expect to see more of an effect this year because they grow the fastest and will be first to be impacted by higher feed prices,” said Richard Volpe, an economist with the Department of Agriculture.
Figures released Wednesday by the department showed the largest percentage increase next year in its price indexes is expected for beef, a rise of 4 percent to 5 percent. The price of dairy products will increase 3.5 percent to 4.5 percent and eggs by 3 percent to 4 percent. Pork is expected to rise 2.5 percent to 3.5 percent.
We are facing a climate crisis that is having tangible effects on our lives, including our wallets. We no longer can pretend the problem doesn’t exist.