Yikes! Corn Prices Are Up Roughly 50% In 2021 As Americans Brace For Years Of Horrific Food Inflation
Francesco Abbruzzino, The Uncensored Report, LLC
It sure didn’t take long for the Joe Biden era to start resembling the Jimmy Carter era. Prices are going up so fast that even the mainstream media can’t stop talking about it. This has already become a major national crisis, and it should be exceedingly obvious to everyone that it is only going to get worse. The Biden administration wants to borrow and spend trillions more dollars on top of all the absurd spending that has already happened, and the Federal Reserve is going to continue to pump gigantic piles of fresh cash into the financial system. Collectively, our leaders are literally committing economic malpractice, and if most Americans truly understood what was going on they would be out in the streets protesting against it.
Already, a lot of people out there are becoming extremely alarmed that their food bills are so high. One of the things that is driving this is the price of corn. Most Americans don’t eat a lot of canned corn or corn on the cob, but corn has become a key ingredient in literally thousands of other products in our grocery stores. If you doubt this, just wander through a grocery store some time and look for products with these ingredients…
- Corn flour, cornmeal. corn gluten, cornflakes, etc.
- Cornstarch, also listed on labels as starch or vegetable starch
- Corn oil
- Corn syrup or high fructose corn syrup
- Dextrins
- Maltodextrins
- Dextrose
- Fructose or crystalline fructose
- Hydrol, treacle
- Ethanol
- Free fatty acids
- Maize
- Zein
- Sorbitol
When you know what to look for, pretty soon you start realizing that corn is in the majority of our processed foods. They put it in bread, they put it in soda, they put it in baby formula, and food manufacturers are constantly coming up with new ways to stick it into even more products.
Needless to say, this is absolutely horrible for our health, but that is a topic for another article.
In this article, the point I am trying to make is that the price of corn is going to affect the price of most of the things that the average American buys at the grocery store, and at this point the price of corn is up “roughly 50%” so far in 2021…
America’s biggest cash crop has rarely been more expensive. Corn prices have risen roughly 50% in 2021 and a bushel costs more than twice what it did a year ago.
Corn has been one of the sharpest risers in the broad rally in raw materials that is prompting companies to boost prices for goods and fueling concern among investors that inflation could hobble the post-pandemic economic recovery.