A couple of nights ago, I went down to Denny's at the Flying J to have a salmon dinner.
When I ordered, the waitress had to go back to the kitchen to check if they had any salmon available. She came back and said they didn't have any. I ended up having an omelet from the 55+ menu (what we call the "geezer omelet").
Thus far, that has been the only instance of a supply-chain related problem I've faced. I guess it depends upon where one is located.
But the "supply-chain crisis" will likely get worse before it gets better.
The New York Post reported:
Parts of the US are now battling food shortages as worried Americans have emptied supermarket shelves amid the supply chain crisis threatening the nation’s economy and holiday shopping.
People are stockpiling everything from canned goods to boxed items and even making a run on milk when it’s available in grocery stores, Bloomberg reported.
The surge in demand comes as two of America’s major container ports in California face a massive pandemic-related backlog.
“People are hoarding,” Adnan Durrani, CEO and founder of Saffron Road, a producer of frozen and shelf-stable meals, told Bloomberg.
“What I think you’ll see over the next six months, all prices will go higher.”
To read more, go here.
How high will prices go up?
From Fox Business:
Americans will see food costs rise "tremendously" in the coming weeks, according to billionaire supermarket owner John Catsimatidis.
Catsimatidis, who is the president of Gristedes and D'Agostino Foods, discussed his concerns about inflation and supply chain issues on FOX Business’ "Mornings with Maria," and warned companies like Nabisco, Pepsi and Coke will begin to prioritize products and raise prices in order to get ahead.
"I see food prices going up tremendously," he told Maria Bartiromo. "[CEOs] want to be ahead of the curve and the way they're doing it is they're dropping all promotions. They are dropping low-moving items."
Catsimatidis went on to say this trend won’t reverse "anytime soon."
"I see over 10% [price increase] in the next 60 days," he said.
To read more, go here.
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