Montana Senator Jon Tester is deeply connected to the corrupt and multinational Big Agricultural (BigAg) lobby. As a democrat connected closer to Wall Street, he is not a supporter of American farmers overall as it pertains to America First food security and domestic food prices. However, that said, what Senator Tester says in the first two minutes of this interview is correct.
As Tester notes, the food “supply” issue is not as big a deal in North America as it will certainly be in food dependent regions. Between the U.S, Mexico and Canada we produce more food than we consume, and with excellence in industrial farming we export food products to the world, eastward and westward. The issue for the U.S. population is going to be massive increases in food prices in later summer and fall as the cumulative increase in costs at the field reach the stores. WATCH (2 mins):
My own back of the envelope calculations put the third-wave price increase in the 35 to 40% range overall. Based on the input costs, energy and transportation, a current $4.00 item is going to cost around $5.50 later this year. That is the approximate scale of price increase in foodstuff we should be anticipating.
Food insecurity, as an outcome of food pricing, is going to be the election issue that might supersede the gasoline price issue. That’s going to be the crisis, and we are going to need to be very careful; because depending on the scale of the crisis there are going to be massive numbers of people demanding the government step in to solve it. Our current government is being run by economic socialists; we do not want their equitable distribution solutions.
Conduct your affairs accordingly….
