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USA: Why Food Is Getting More Expensive In The U.S. – Video
USA: Why Food Is Getting More Expensive In The U.S. – Video
CNBC – September 10, 2021
0:00 – Introduction 01:31 – Rising costs 03:41 – Climate change 04:44 – Supply chain issues 08:33 – Health impact 11:55 – Solutions
The pandemic sent food prices skyrocketing amid a slew of supply chain disruptions, but food costs have been steadily rising over the past five years. The rise in prices can have serious consequences for the most vulnerable Americans. According to the USDA, 13.8 million Americans qualified as food insecure in 2020. Watch the video to find out how much food prices have risen, what’s driving the increase and how businesses and policymakers can fix it.
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