99% of People Have No Idea What's Happening at Grocery Stores!

you won't believe what's happening at grocery stores what's going on folks can you believe what's going on in Kroger they have just issued a major produce warning and some of the locations are facing serious availability issues with their produce items now if you've stepped into your local Kroger and noticed a shortage of fresh produce we need to hear from you guys drop me a quick comment down below or shoot me an email let me know what kind of issues you're seeing in terms of produce availability in your local Kroger we need to know if it's happening to everybody or just a few Kroger locations now it may be connected to the oil shortages that we're hearing about here check this out but we are getting closer to that summer driving season you think that there's a point where the immediate demand picture starts to take over I mean again I think that once you can get past recessionary and rate height concerns I mean oil will struggle in this sort of macro wall of worry scenario but if those fears start to recede I do think there'll be a greater emphasis on the fundamentals the greater emphasis on you know what we're seeing in countries like India where demand has been really strong you know China may have been more muted than anticipated but Chinese demand is growing we are heading into summer driving season and again these very important Cuts will start to take effect and I think also there are these other Supply stories that we haven't necessarily been focusing on which could become more material for example there's a very significant Iraqi pipeline 475 000 barrels a day taking crude from the north to Turkey that has been down for several weeks so I do think as we get into summer the supply stores will start to take impact you heard that right guys we need to brace ourselves for yet another hike on gas prices remember last year right yeah that was pretty rough anyway we need to talk about the bigger picture here when it comes to the food industry consolidation is just wreaking havoc and it's driving up prices and US consumers we need to be sharp with our strategies but over the past few decades we've been witnessing a pretty huge jump in consolidation in the food sector where fewer and fewer suppliers are calling the shots and you know what that means right higher prices for all of us and hold on tight guys because there's even more shaken up in the grocery landscape two of the Giants in the American Supermarket scene are about to join forces Kroger just dropped the bombshell that they're going to be acquiring Albertsons in this colossal deal worth nearly 25 billion dollars now this move has the potential to completely change the retail industry right here in the United States and impact how millions of customers are getting their groceries brace yourselves folks because as these grocery stores are getting bigger and bigger small farms are getting squeezed out now speaking of consolidation let's talk about meat packing now the American meat packing industry there's like four major corporations that are calling the shots now we got got Tyson Foods Cargill and two owned by Brazilian corporations National Beef packing company and JBS now back in 1977 they only held 25 of the market now if we fast forward to today after a series of mergers these big four they now have a staggering 85 percent control over all meat packing here in America it's a 67 billion dollar industry you do the math and the control is concentrated in just a few hands yeah that can't be good right guys and hey we got updates pouring in from viewers all over the nation and the world and it's not just the produce folks people are experiencing shortages of meat and other Essentials too it's a very challenging time right now and I'm here with this video to shed light on the situation so buckle up because in this video we're going to be deep diving into the world of Industry consolidation Rising food prices debt consolidation and of course the ongoing shortages that are affecting all of us so stay tuned for the expert insights and strategies to be able to navigate these uncertain times and also to be able to safeguard your Financial Freedom you guys know I got your back all right let's go and get started all right so first off Kroger has issued a major produce warrant some locations are experiencing issues with the availability of produce items now if you've noticed a shortage of produce at your local Kroger please please by all means let me know down in the comments down below now speaking of here are some recent comments that I picked up from one of our previous vids so Harry why eight if says you would not believe how much meat gets thrown away because of shelf life and people aren't buying everything in store stocks there's an over abundance that goes bad U.S governments pay for what stores throw away I saw a headline about France recently it said that large grocery stores have been banned from throwing away unsold food that could be donated to Charities now they must have some kind of systems in place to donate that food right but what do you guys think about that and another one this time from Drew Peterson 2039 there is no meat food shortage up here in northern Minnesota maybe because almost everybody has their are freezers full of wild game like venison Grouse pheasant Wally and Northern Pike crappies Etc wow anybody here have these Wild game in their freezers let me know in the comment section down below and last but not least we got K Vernon 8571 it's not just cows it's chicken eggs milk from cows cheese butter anything that's a dairy and most proteins I will tell all of my world please plan soon yeah it is definitely getting rough in a lot of places because I remember somebody telling me that in some grocery stores they were rationing their deliveries so that they would have enough produce for each day of the week so if you see something on a stock it may be in the back for the next day the stuff these stores do now right so yeah let's help one another out guys keep those local updates coming just start your comment with the word update in all caps so I could easily spot you guys in the comment section all right and hey if mainstream media won't cover this we will right here in our Financial Freedom fam alright now let's go and talk about the situation in Texas so the state is currently facing a heat wave leading to record power usage to cope with this increased demand for air conditioning authorities have been urging residents to conserve power now they haven't cut the power yet but the strain on the power grid is definitely becoming a concern there's also news from UPS Teamsters now I heard from one of them saying that they don't yet have plans to go on strike the vote is just a bargaining chip but a big but if they vote again then worry definitely scary if the whole delivery Network just goes dark on us right then again some people are theorizing that what's happening right here in the U.S today has been rehearsed in South America in the 70s and according to them it's all going by the book could all this been planned from the get-go what do you think guys now one thing I'm pretty sure of Industry consolidation is leading to higher food prices the United Nations reports food commodity prices dropped in May down 25 percent since its record high in March of last year but the question is do you guys feel that on our grocery store shelves although the world price of grains like wheat barley and oats are dropping food experts say that it takes months to see that in the grocery store in part that's because both food manufacturers and grocery stores have hiked prices to make record profits now according to one Professor quote we're seeing higher profits for the major particularly for the food retailers and food processors we have seen consolidation in the food sector quite dramatically over the last decades where there are fewer and fewer suppliers end quote fewer meat processors and food manufacturers means higher prices and at the same time we're seeing fewer and fewer grocery store chains as well so it ain't just inflation guys quote we see more than 60 percent of America's grocery sales concentrated in just five companies end quote and when so few companies have so much control over the supply chain they can kind of charge whatever they want end quote food prices went up seven percent last month so as usual it's the American consumers that are having to adjust now basically people are just buying fewer products I guess this is forcing America to lose weight but let me know if you guys can relate in this quote here quote even though we're spending more we're putting fewer items in our shopping basket overall they go on to say about 90 percent of Americans are cutting back on their grocery expenses end quote that's one way to send a message another is to buy generic store brands buy locally grown produce stop buying prepared foods stick to a shopping list and look for lower prices and did you hear about Kroger buying out Albertsons it's at nearly 25 billion dollar deal that could change the U.S retail industry and also impact how millions of customers are buying their rosaries the deal which is expected to close in 2024 would combine two of the largest Supermarket chains in the country and create one of the largest private employers the two companies have a combined 710 000 workers most of them unionized in an industry with low union rates nearly 5 000 stores and more than 200 billion dollars in sales the companies say they reach 85 million households consumer Watchdogs unions and Democrats have already come out strongly against the deal they say that it would harm consumers by raising prices and driving out competition now it could also spur a wave of consolidation in the industry among smaller companies attempting to compete Senator Bernie Sanders called it an absolute disaster and called on the Biden Administration to reject the deal the American economics Liberty project and anti-monopoly organization said the merger will be disastrous for Market competition small businesses and especially consumers Pockets end quote see as grocery stores get bigger small farms get squeezed out according to a new report from the U.S department of agriculture's economic research service over the last three decades consolidation and food retail has increased significantly at the national state metro area and County levels and in the past 10 years the market share of the four largest Supermarket chains has increased significantly now depending upon the region that measure was used the four biggest change got Walmart Kroger Costco Albertsons they now control between 43 and 69 percent of sales Walmart in particular they're capturing 1 out of every three grocery dollars that are spent right here in the United States by some measures pretty much the same story in the meat packing industry there are four major corporations in the American meat packing industry you got Tyson Foods Cargill and two that are owned by Brazilian corporations National Beef packing company and JBS now in 1977 the big four as they're commonly called they own just 25 percent of the market many mergers later the big four now control 85 percent of all meat packing in America cattle beef are a 67 billion dollar industry in the United States cattle ranchers used to receive 62 cents for every consumer dollar that was spent on beef but today that has dropped to less than 37 cents on a dollar meanwhile the big four have tripled profits in the past two years alone now while these monster companies are just raking in the profits here's what's happening to our local farmers we wait for a middleman to come and say okay I'm going to give you such and such price for your calves it's not like we get to set the price we're given a price and we have to stick to it or leave it it's stressful because we know how much we have to make on a calf but we also because of where we live in the winter time we could also say okay we can't get a good enough price we'll just keep them and we'll sell them next year we'll sell them as yearlings but then we have all these costs of feeding them throughout the winter and who knows if the Market's going to be any better the next year we're really trapped in the system we don't have any other place to go that's the other thing that I think a lot of people don't understand we don't have another Market to go to that's what happens with consolidation now as another farmer put it there's this huge amount of wealth that's being extracted from the cattle that we're raising and they're kind of being stolen from us and what if that doesn't happen what if the big four Meat Packers further consolidate into the big three or two or one we're not going to have the kind of ranching that we know now and if we don't change things we're just not going to be having these ranches and that's such a huge cost to all of us in this country from produce shortages to Rising food prices and Industry consolidation it is impacting all of us I've heard you guys experiences and your concerns from viewers Across the Nation and across the world and it's why we need to stick together right here on the Financial Freedom Channel and it's crucial that we support one another during these uncertain times your updates and engagement in the comment section are definitely vital here remember guys mainstream media may not be covering these issues so we got to shed some light on them here consolidation in the industry and the control of meat packing sector by just a few corporations are driving up prices and they're hurting small farms so let's hopefully get a conversation going about the fair prices and making farming more sustainable again for the average American we all need to stay informed support local farmers and make conscious choices as consumers it may not be much but we can all definitely do our part share this video to get more information out to more people this is a serious concern guys share buttons right there and while you're over there I definitely would not mind you guys hitting like button either always subscribe to the channel for your daily dose of the truth appreciate you guys watching and I will catch you on the next one