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Record organic soy prices lead to food inflation

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U.S. imports of organic soybeans fell by 18% over the last year according to U.S. Department of Agriculture data. Currently, the U.S. is the number two soybean grower worldwide, with 70% of the produce imported back to the states. Meanwhile, chicken farmers who use soybeans for feed are paying higher prices due to the shortage.

In addition, Argentina, the number two exporter of soybeans to the states saw an even greater decrease. Shipments fell by 30%. As a result, the price for soybeans rose to a seven-year high. According to commodity data firm Mercaris, soybeans now cost $33 per bushel. The previous record was $25 per bushel in 2014-2015.

Bell & Evans owner Scott Sechler called it a “madhouse” in an interview with Reuters. His 127-year strong company feeds 500,000 to 600,000 chickens every week.

“There’s not enough in America to replace all the imported organic grain,” Sechler told Reuters. Therefore, the price of chicken is bound to increase to make up for the increase in feed.

In the meantime, total U.S. organic acreage is growing faster than ever at 6%. Mercaris has predicted that there will be a record 9 million acres of organic produce by the end of the year. Altogether, there are nearly 20,000 certified organic farms.

According to the Organic Trade Association, last year, U.S. sales of organic food increased 12.8% to $56.5 billion, compared with a 4.6% increase in 2019. Then, in 2020, organic foods accounted for 5.8% of food sales.

You can follow Jenny Goldsberry on Twitter @jennyjournalism.

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Economy

No help at our border, but Biden announces $5 billion going to bike paths, wider sidewalks

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In the world of Democrat delusion, they think $5 billion is necessary, at this point in time, to make bike paths and widen side walks. You cannot make this up. They have approved $40 billion in aide to Ukraine in a heartbeat under President Biden, while having rejected former President Trump’s request for a mere $5 billion to secure our border.

The news also comes as fentanyl and the drug overdoses are the number one cause of death in the U.S. There’s also an increase in human smuggling and extortion to pay to cross the border. But no; let’s make some bike paths and widen sidewalks. That is an immediate emergency.

Transportation Secretary Pete Buttigieg announced Monday that money will be used over five years under his department’s new “Safe Streets & Roads for All” program. The $5 billion ini federals funds will be used “to slow down cars chia more speed cameras, carve out bike paths and wider sidewalks and urging commuters to public transit” reports Daily Mail.

“The aim will be to provide a direct infusion of federal cash to communities that pledge to promote safety for the multiple users of a roadway, particularly pedestrians and bicyclists.” The announcement also coincides with the six-month anniversary of President Biden’s infrastructure legislation, and the beginning of the 2022 “infrastructure week.”

The desire to fix roads is a noble one, as “road traffic injuries also are the leading cause of death among young people aged 5-29. Young adults aged 15-4 account for more than half of all road deaths” reports Daily Mail, which adds:

Still, much of the federal roadmap relies on cooperation from cities and states, and it could take months if not years to fully implement with discernible results – too late to soothe 2022 midterm voters unsettled by this and other pandemic-related ills, such as rising crime.

The latest U.S. guidance Monday invites cities and localities to sketch out safety plans in their applications for the federal grants, which are to be awarded late this year.

It cites examples of good projects as those that promise to transform a high-crash roadway, such as by adding rumble strips to slow cars or installing speed cameras, which the department says could provide more equitable enforcement than police traffic stops; flashing beacons for pedestrian crosswalks; new ‘safe routes’ via sidewalks or other protected pathways to school or public transit in underserved communities; and other ‘quick build’ roadway changes designed with community input.

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