Meat is another product that has stirred up trouble, with prices going way up.
Would You Like Fries With That?
Japan is experiencing a drama with McDonald’s French fries. The fast-food chain has been forced to ration its fries in the east-Asian country. A shortage has been caused because a blend of issues is impacting the worldwide potato market, including COVID-19, a workers’ dispute, and flooding in Western Canada.
“Due to large-scale flooding near the Port of Vancouver … and the global supply chain crunch caused by the coronavirus pandemic, there are delays in the supply of potatoes,” McDonald’s Japan said, adding that it would stop selling large- and medium-sized fries.
Customers can still order fries but in only small-sized portions. McDonald’s Japan is now importing 1,000 tons of frozen fries by air. Does this mean other businesses that sell potatoes are having the same issues?
Kentucky Fried Chicken locations across Kenya cut French fries from the menu, blaming transport delays. Instead, customers can order other side-dishes on the menu, such as coleslaw and ugali (a porridge made with cornmeal).
Keeping Your Eyes Peeled for an Answer
Supply problems can happen with or without a pandemic. From worker disruptions to bad weather conditions, many factors could impact the supply of potatoes and other foods.
For example, in South Africa, potato farmers warned that a terrible frost and excessive rainfall recently caused small potato yields. In another instance, Canada has increased potato farming in the last year, but flooding led to delays sending the crop overseas. A fungus that causes potato warts has also caused problems for Canadian farmers.
And in that U.S., farmers had to destroy millions of potatoes last year as people were buying less of the tubers during the pandemic.
Trying to Make Ends Meat
Some have blamed the large companies that process most U.S. meat, claiming they are trying to take advantage of people. According to the White House, prices are up because of “the greed of meat conglomerates.”
President Biden recently met with small farmers and ranchers. He announced he will invest $1 billion to help these independent farmers compete with the larger companies. According to the president, this should help to lower prices.
Will the president’s solution work? And are large companies to blame?
Some experts have suggested that there are other reasons meat prices have risen, such as:
- A shortage of workers
- Companies offering higher wages to attract more workers
- Factories being slowed down due to new COVID rules
- Problems with transport
- Higher customer demand for meat, but a low supply
The Wurst of Times
Meat and potatoes aren’t the only items struggling in today’s market. The cost of many food items has gone up. Here is a list of common items consumed in homes across America, and how much the cost has climbed:
- Apples: +7.4%
- Bread: +4%
- Milk: +4.6%
- Tomatoes: +3%
When the cost of products rises, it’s called “inflation.” Inflation and product shortages have been big problems coming out of the COVID pandemic. From gasoline and electricity to furniture, household cleaning products, and women’s dresses, life is getting more expensive.
Try a quiz based on this article
What is the latest shortage due to the global supply chain issue?
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Potatoes.
Which Asian country is facing a shortage of french fries?
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Japan.
What is President Biden’s plan to bring meat prices down?
Show the answer
Invest in smaller meat companies.
Inflation occurs when prices increase and the value of money decreases.
Show the answer
True.
What has contributed to the potato shortage? Check all that apply.
Show the answer
Bad weather.
The price of which food(s) has risen recently in the U.S.? Check all that apply.
Show the answer
Tomatoes.
What possible reason(s) is contributing the the increase in meat prices? Check all that apply.
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Staff shortages.
What is ugali?
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A porridge made with cornmeal.
According to the article, farmers in which country had to destroy millions of potatoes last year?
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United States.
According to President Biden, meat companies are intentionally raising meat prices so they can make more money.
Show the answer
True.
