By Tim Gamble 10-12-2022
There are a couple of bits of very troubling news that may soon affect the prices and even availability of products that most of us use on a regular basis. I topped off my stockpile of these items over the last couple of days, and suggest you consider doing the same.
Category: Paper Goods - toilet tissue, paper towels, paper napkins, facial tissue, paper plates, paper cups, envelopes, printer and copier paper, etc. Small businesses may want to stock up on enough paper and envelopes to carry you through the next six months or so.
Why Paper Goods? According to multiple reports, all paper manufacturing in Europe has shut down due to the lack of natural gas (blame the Russia-Ukraine War and the blowing up of Russia's Nord Stream gas pipelines). America's paper industry is already running at capacity, but is now expected to divert a sizable chunk of our production to Europe. This will almost certainly lead to higher prices in the US, and possible shortages on store shelves.
Category: Tomato Products - Tomato sauce, tomato paste, pasta sauce, pizza sauce, diced tomatoes, salsa, tomato juice, V8 juice, tomato soup, and other products containing tomatoes.
Why Tomato Products? The drought in California has devastated the tomato harvest. California is by far the biggest tomato producer in the US, growing about 95% of the tomatoes in the US, and about 33% of all tomatoes in the world. Expect higher prices (perhaps much higher) and possible shortages over the course of this winter.
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